Today the National Diet, the Japanese Parliament, begins the process of ratification of the recent US-Japan deal that will start on January 2020.
Instead of the upcoming trade negotiations between the USA and China, that will resume on Thursday October 10, the impeachment drama is in the spotlight. Trump is under investigation on whether he uses national diplomacy to fight his US political opponents. Given that Republicans control the majority at the Senate, the ending is prescribed. Nevertheless, the drama gets interesting, as investigating corruption cases seems to be an easy way to earn goodwill with Trump.
Macro releases: Yesterday 's US Non-Manufacturing PMI release sent the USD lower. Today’s economic agenda includes the Non-Farm Employment Change release.
Instead of the upcoming trade negotiations between the USA and China, that will resume on Thursday October 10, the impeachment drama is in the spotlight. Trump is under investigation on whether he uses national diplomacy to fight his US political opponents. Given that Republicans control the majority at the Senate, the ending is prescribed. Nevertheless, the drama gets interesting, as investigating corruption cases seems to be an easy way to earn goodwill with Trump.
Macro releases: Yesterday 's US Non-Manufacturing PMI release sent the USD lower. Today’s economic agenda includes the Non-Farm Employment Change release.