White House economic adviser Kudlow: Right now stimulus talks are rather stalled

Market news

20 August 2020

White House economic adviser Kudlow: Right now stimulus talks are rather stalled

Thinks U.S. stock market is "correctly portraying" V-shaped recovery
Says Trump administration remains engaged on Phase 1 trade deal with China
U.S. Trade Representative is pleased with the progress ıunder Phase 1 trade deal
"Commodity piece" of the deal with China looks good
Sees 20% growth in the third and fourth quarters
Sees single-digit unemployment numbers possible in November

EUR/USD: Reimposing restrictions to lock euro recovery - Westpac

U.S. Stocks open: Dow -0.42%, Nasdaq -0.37%, S&P -0.46%

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