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From the Floor: Trump to pick Powell, says WSJ — #SaxoStrats

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November 02, 2017 commodities, equities, forex, from the floor, fx, home.saxo, morning call, saxotrader, saxotradergo, tradingfloor.com
Media reports this morning indicate that US president Donald Trump is preparing to confirm Jerome Powell as the next head of the Federal Reserve, but Saxo FX chief John Hardy says the board of governors appointments could prove more significant.

   • Trump to select Jerome Powell as new Fed chair: WSJ
   • Facebook Q3 earnings post strong beat, Tesla down on battery delays
   • Dax index preparing for run to 13,500, 13,380 level crucial
   • Silver preparing to rally but needs support from gold
   • Crude rally pauses as US production, exports rise