Zawacapital

Trade Talk Optimism, Saudi Aramco IPO

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
any positive developments from OPEC regarding deeper production cuts will underpin prices, and the announcement of a partial trade deal between the United States and China will be the catalyst that triggers the breakout.

THE US-China trade talks which continue to veer on a positive direction. Still, it’s the data that counts and traders will be looking towards key macro inflexion points, especially around forward-looking sentiment gauges.

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