Maleeha Bengali is CEO of MB Commodities Capital, based in London.
Recent Articles By The Author
All key technical levels are being broken during August, when most traders had shut their screens off after the Fed FOMC meeting.
For Trump to get what he wants, he will tariff nations and cause an economic shock just to get the Fed to further cut rates.
There is a real risk brewing in global financial markets.
Fed speakers are using this opportune time to posit their views.
Whether the U.S. economy warrants a rate cut at this stage of the cycle is perhaps debatable.