US, UK to announce intent to launch formal talks to resolve trade dispute over steel, aluminum tariffs – Reuters

The US and UK trade teams are expected to announce intent on Wednesday to launch formal talks to resolve trade disputes over steel and aluminium tariffs, Reuters reports, citing a source familiar with plans.

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GBP/USD appears neutral, downside risks remain on GBP crosses – Morgan Stanley

Analysts at Morgan Stanley remain neutral on the GBP/USD pair despite potential four Bank of England (BOE) interest rate hikes over the next 12 months
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WTI crude oil hovers above $86.00 at eight-year high, Russia, yields and API in focus

WTI crude oil stays on the front foot around the highest levels since October 2014, recently taking rounds to $86.20-30 during Wednesday’s Asian sessi
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