Key Takeaways from the week

Analysts at Nomura offered a snap shot of the key takeaways from last week's trade.

Key Quotes:

"Policy Watch: July FOMC Minutes Recap The three most interesting aspects of the minutes from the July FOMC meeting centered on the balance sheet, inflation and financial conditions. Overall, markets perceived the minutes as mildly dovish. We maintain our forecast that the next hike will take place at the December meeting. However, we think the minutes marginally lowered the likelihood of a December rate hike.

Special Report: NAFTA Renegotiations Begin NAFTA renegotiations began on 16 August 2017 with trade representatives from Canada, Mexico and the US. The opening remarks from US Trade Representative (USTR) Lighthizer were stronger and more antagonistic than expected, highlighting the main contention in these talks: US demands that Canada and Mexico will not agree to.

First Insights: Yellen at Jackson Hole: A Preview Chair Yellen is scheduled to speak about “Financial Stability” at Jackson Hole next week. We expect her to defend the current regulatory regime for large financial institutions. But she may also argue that the need to promote financial stability may be another reason for the FOMC to increase their targets for short-term interest rates later this year, even if inflation is slow to pick up.

Special Report: President Trump and Controversies: What Are the Risks and Implications? President Trump’s decline in popularity since the election and increased isolation from all but his most ardent supporters increases a number of risks to the economy and to markets. It will be important to monitor Trump’s popularity among not just the entire population, but especially Republicans, which remains high. Additionally, it will be important to monitor who he keeps as his advisors and whether he maintains strong ties to the business community."

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.