Trump/Xi meeting should help boost confidence - AmpGFX

Sandeep Kanihama FXStreet Contributor

According to Greg Gibbs, Director at Amplifying Global FX Capital, the Trump meeting with Chinese President Xi comes into focus Thursday followed by the labor data on Friday.

Key Quotes

“One might expect the Trump/Xi meeting to provide calming sound-bites for the market, potentially supporting the US equity market.”

“The ADP employment report suggests that a strong labor report should result on Friday. Key metrics will be the wages data and indicators of labor market tightness (unemployment and under-employment).”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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