Trump to announce something “bigly” on infrastructure?

  • Unlikely to say much about taxes. But he’s going to announce something “big” on infrastructure.
  • Some clarity on the potential size and/or timeline of any massive infrastructure plan, could bring USD under renewed buying interest (equities too).
  • However, a more vague speech, with no clear details or numbers, could lead to downside USD correction.
  • Also, watch out for any comments on the one-time repatriation of corporate cash held abroad (a confirmation of that could boost USD too).

 

 

Today’s highlights:

  • Sweden: GDP for Q4 and retail sales for Jan. Both exp. to show progress. SEK-positive.
  • US: 2nd estimate of Q4 GDP is exp. to be revised up. USD-positive, but the main focus will be on Trump’s speech. Also, Chicago PMI and CB consumer confidence index, both for Feb.
  • Speakers: Besides US President Trump, San Francisco Fed President John Williams.
The Global Leader

The Global Leader

In Online Trading. Trade Over 200 Instruments From One Platform Starting From Zero Pip Spread

Thanks for signing up. Please check your email for one from me, haroun@harounkola.com to confirm your email address (to prevent spam). Please check your spam folder if you can find it. Look forward to trading with you. Thanks Haroun

Pin It on Pinterest

Shares
Share This

Please sharing

Please share this post with your friends!

Shares