Daily Market Report (19 June 2019)
Wed, Jun 19, 2019 9:38 AM
- US stock rebounded strongly yesterday after President Donald Trump indicated that there will be an extended meeting with President Xi at the G20 summit.
- The expected meeting has boosted market participants’ confidence of trade deal happening. However, should the meeting does not yield meaningful results market would take a hit.
- Furthermore, investors are also keeping an eye on the upcoming FOMC meeting and statement on the interest rate direction for the year.
