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WH Adviser Kudlow: Trump did not consider replacing Fed Chair Powell

Additional comments continue to cross the wires from Larry Kudlow, White House economic adviser and the director of the National Economic Council.

Key quotes (via Reuters)

  • President Trump did not consider replacing Fed Chair Powell.
  • Trump would veto tax increases if Democrats seek them.

US: ISM Manufacturing PMI falls to 57.7 in October from 59.8 in September

“The October PMI registered 57.7 percent, a decrease of 2.1 percentage points from the September reading of 59.8 percent," the ISM announced on Thursd
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USD/JPY Technical Analysis: Greenback under pressure below 113.00 figure against the Japanese Yen

USD/JPY 4-hour chart Main trend:               Bullish Resistance 1:    113.00 figure Resistance 2:    113.55 October 2 low Resistance 3:    114.0
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