Daily News | Infrastructure borrowers brace for Trump’s speech

This trading week has already reached its middle, which means the action is already well under way and that you have loads of options on the market. We will, naturally, help you out by providing the best data out there! Join us this Wednesday, as we first take a look at the euro. At the end of the last week, this currency fell from $1.1881 to $1.1752. This came about with surprising data from Germany showing that its industrial output fell in the second quarter, from a strong start in the first quarter. Specifically, the output declined 1.1%, after rising 1.2% in May. Factories and construction firms did experience a rise from April to June of 1.8%, which indicates the upward trend is likely to continue. We will keep you in the loop as the week unfolds, but let us now turn to the US dollar. At the same time, the US currency went up from €0.8416 to €0.8508. Infrastructure borrowing has dropped in the States, as borrowers are waiting for the planned speech by President Donald Trump, who put forth bold plans for the nation’s crumbling infrastructure worth 1 billion dollars in his presidential campaign. We will have to wait until the President returns from his vacation to see what this entails, so stick with in the future if you want to learn about this topic!

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Author: Max Rothstein

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