US Commerce Sec. Ross: Fed should reconsider last rate increase which was premature

Additional comments from U.S. Commerce Secretary Wilbur Ross continue to cross the wires with key quotes, via Reuters, found below.

  • Fed should reconsider last rate increase which was premature.
  • Trump wants structural reforms in China deal.

USD/TRY drops to session lows near 5.78 post-CBRT

The Turkish Lira is now picking up pace and drags USD/TRY to fresh daily lows in the 5.7800 region. USD/TRY lower on steady CBRT TRY gained extra stea
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Brazil Retail Sales (MoM) registered at -0.6%, below expectations (0.8%) in April

Brazil Retail Sales (MoM) registered at -0.6%, below expectations (0.8%) in April
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