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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Wilbur Ross Steps Up as Trump’s Commerce Secretary

February, 28 2017
watermark Economic news

The US Senate has already confirmed the appointment of billionaire Wilbur Ross as US Commerce Secretary. Ross’s nomination for the position has been approved by the Senate, 72-27, at Washington. D.C. last Monday evening. Ross is set to be officially sworn in this coming Tuesday at the White House. During his term as Commerce Secretary, Ross is expected to do good on the administration’s promise to prioritize NAFTA and become level with China, a nation known for its highly-protectionist trading policies.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.