Fed’s Barkin: Weaker economic growth would force conversation about interest rate cuts

Reuters reports the latest comments by the Richmond Fed President Barkin, as he warns of chill over business investment from trade uncertainty.

Key Quotes:

Economy 'still in a very sound place' but worries about negative sentiment.

Emotions have gotten far out in front of the data.

Weaker economic growth would force conversation about interest rate cuts.

PBOC: Will play an active role in responding to China-US trade frictions

Fresh headlines are crossing the wires from the Chinese central bank, the People’s Bank of China (PBOC), citing that it will play an active role in re
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CFTC Positioning report: USD net longs dropped to lowest since summer 2018

These are the main highlights of the CFTC Positioning report for the week ended on June 25. Speculators trimmed their USD longs further and took the n
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