It could have been worse for EUR/USD. Consensus and ING's view for a rally in EUR/USD towards 1.20 into year-end largely depends on a dovish Fed. It is not as though we are particularly bullish on the euro.
Chinese Commerce Ministry has stated during Thursday’s European session after the meeting between leader Xi Jinping and United States (US) President Donald Trump in South Korea that both nations have resolved frictions on fentanyl issues and export controls on rare earths.
By all accounts, industrial demand has not been the driver of the strength in industrial metal prices — supply-demand balances won't help you explain the cross-section of base metal returns this year, TDS' Senior Commodity Strategist Daniel Ghali notes.