In America a cylcone continues to rage, which brought inconvenience to millions of citizens. Due to the bad weather thousands of flights were canceled, some settlements were left without energy, and several oil refineries suspended their activities.
In America there are massive discussions about the Russian intervention in the US presidential elections, but this year the geopolitical factors have practically ceased to be of any significant value. In addition, recent statements by Donald Trump in the direction of North Korea which previously caused a surge in the currency markets, had no effect on the opinions of investors and we have not seen any sharp fluctuations.
With the weakening of the dollar, we have seen an increased interest of investors to trade commodities. Due to this, the Dow Jones set a new record high and currently stands above $25,000. Also, the S&P500 and Nasdaq Composite indices reached record highs.
Today speeches by Philadelphia Fed President Patrick Harker and Cleveland Fed President Loretta Mester are expected. In addition, there will also be an announcement from the Bank of England member Andrew Haldane, which could accelerate the GBP/USD pair.
