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DAILY FOREX IDEAS

Europe is coming! Heads Up!

Europe’s indices are set to open in red after North Korea decided to rebuild part of the missile polar dismantled earlier. US National Security Advisor – John Bolton said it could be possible to introduce new sanctions if North Korea does not stop its nuclear program. The Shanghai Composite Index has rose with 1% because of China’s plans to cut taxes and invest about $ 300 billion in infrastructure projects to boost the economy. The dollar is rising as the new orders in the ISM index in US services grew at the highest pace since 2005 and the ECB is expected to launch new cash incentives tomorrow.

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