Market News and Commentary August 22

Euro Up Dollar Down, Great Trade Setting Up. Michael Cohen pleads guilty, says he paid hush money at Donald Trump’s direction. Trump: 80 percent of the press is fake news. Fed minutes show support for September rate hike, and suggest trade dispute could then force a pause. Trump didn’t inform McGahn of hush-money payments in 2016: report. Saudi Arabia has called off Aramco float, report suggests. Russia is still attacking the U.S. and trying to help Trump.

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