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Fed's Bostic: risks to economy on upside and downside are almost perfectly in balance

We have had a series of Fed speakers coming forward this week and dove R. Bostic has come forward with a neutral outlook. 

  • Fed's Bostic: risks to the economy on upside and downside are almost perfectly in balance.
  • Fed's Bostic: lack of clarity on trade policy is causing some businesses to wait on investments.
  • Fed's Bostic: there's a lot of upside potential for household spending.
  • Fed's Bostic: stimulus from us tax reform has not happened as quickly as he expected.
  • Fed's Bostic: us economy is performing quite well, at full employment and inflation at 2% goal.
  • - repeats view that with economy standing on its own, monetary policy should be neutral.

AUD/USD sticking to 0.72 heading into Trade Balance data

The AUD/USD continues to trade just beneath the 0.7200 handle heading through Thursday's early overnight session after ending Wednesday flat. The Aus
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South Korea Current Account Balance rose from previous 7.38B to 8.76B in July

South Korea Current Account Balance rose from previous 7.38B to 8.76B in July
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