August 19 International Forex News
Trump Says the U.S. and Canada Have Reached an Agreement, Pausing 50% Tariffs on Canada
August 19, News: U.S. President Donald Trump posted on social media that, given Canada and the United States have reached an agreement, he has paused the 50% tariff measures on Canada that were originally scheduled to take effect tomorrow morning for three days. The relevant documents still need to be finalized. The Keystone XL pipeline, once killed by Joe Biden, may come back to life.
The Fed Has a 65% Probability of Keeping Rates Unchanged in September
August 18, News: According to CME FedWatch, the probability that the Federal Reserve will keep rates unchanged in September is 65%, while the probability of a cumulative 25-basis-point rate hike is 35%. For October, the probability of rates remaining unchanged is 51.4%, the probability of a cumulative 25-basis-point hike is 41.3%, and the probability of a cumulative 50-basis-point hike is 7.4%.
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October 28 Phosphate Daily: Weakness Continues, Market Waits on the Sidelines9620
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October 28 Pesticide Daily: Holding Steady, Awaiting Direction8664
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October 28 Urea Daily: Market Still Steady, Direction Awaits a Driver6957
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October 27 Urea Daily: Divergence in Transactions, Sentiment Still Cautious7523
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October 27 Phosphate Daily: Weak Atmosphere Persists as Costs Move Down in Tandem9449
