Online Forex broker
On Friday, American futures suddenly slumped after US leader threatened to slap duties on all Chinese goods.
The S&P 500 futures headed south by 0.23% hitting 2,798.75, Dow futures slumped by 0.40% trading at 24,959.0. Additionally, the tech heavy Nasdaq 100 rallied by 0.09% showing 7,374.50.
US leader told that he’s on the verge of slapping duties on $500 billion worth of China’s products to America if this Asian country doesn’t become less radical with its trade policies.
America has already slapped duties on $34 billion of China’s products and another $200 billion being currently considered. On the contrary, China has already responded with $34 billion of its own duties on American products.
In addition to this, General Electric managed to ascend by 2.77%, while Honeywell International Inc tacked on by 0.72% in the pre-market trading session right after their profits turned out to be higher than anticipated. Besides this, State Street Corporation as well as Baker HughesA Ge Company LLC are expected to come up with their results on Friday.
Microsoft turned out to be among the top performers before the morning bell, soaring 3.69% having posted higher than anticipated revenues, while Facebook ascended by 0.23%.
At the same time, other technology equities sank, with Tesla diving 0.07%, Intel losing 0.12%, Netflix declining 0.32%.
EU equities dived too after Trump’s comments. In Germany, the DAX edged down by 0.55%. In France, the CAC 40 went down by 0.79%. The FTSE 100 headed south by 0.31% in London. Aside from that, the Euro Stoxx 50 dived by 0.44%. In Spain, the IBEX 35 inched down by 0.42%.
Gold futures edged down by 0.01% being worth $1,223.90 a troy ounce. As for crude futures, they went down by 0.40% reaching $67.97 a barrel.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
