Friday Forex Traders Money Market Update. 2nd August 2019

It is plainly obvious the trade talks between the US and China have once again broken down and Donald Trump has wasted no time and has gone on the attack announcing on Thursday the US would be adding 10% tariffs on another $300 billion worth of Chinese imports into the USA. Negotiations between the US and China have been happening in Shanghai this week whilst back at home billion dollar hedge fund managers such as Kyle Bass and others have been predicting that China will never come to the party on intellectual property rights and a trade deal with the US will be nearly impossible to pull off.

Financial markets sold off heavily Thursday and in my daily video update today I share with you some key technical levels that have been broken. These are significant and when backed up with large fundamental shifts in sentiment usually trigger a market reversal. is a professional trader and successful investor who has a strong focus on education.

He is a regular Sky News Money Channel Guest and one Australia’s most awarded and respected financial experts, and is regularly contacted by the Australian Media for the latest on what is happening with the Australian Dollar.

Director at LTG GoldRock, Andrew Barnett, guides thousands of traders around the world in the live market on a daily basis, advising them on buy and sell directions, as well as trading his own personal account.

Andrew, a regular key-note speaker at trading and wealth-creation events throughout the Asia Pacific region, is an authorized representative registered with the Australian Securities and Investment Commission (ASIC).

Currently Andrew is living his dream life on the Sunshine Coast with his loving wife and three children.