WH Econ Adviser Hassett: President Trump respects independence of Fed - CNBC

Kevin Hassett, chair of the White House Council of Economic Advisers, speaking to CNBC this Wednesday, said that the US President Donald Trump respects the independence of the Federal Reserve. 

He further raised concerns about the situation in emerging markets and said that signs of stress are beginning to show in emerging markets.

Gold in search of a firm direction, stuck in a range around $1190 level

   •  Resurgent US bond yields kept a lid on any meaningful up-move.    •  Subdued USD demand/risk-off mood helped limit any deeper losses.     •  T
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EUR/USD: Limited downside – ABN AMRO

Georgette Boele, Research Analyst at ABN AMRO, expects the EUR/USD pair to set a bottom above 1.1301 levels. Key Quotes “Over recent weeks, three di
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