Online Forex broker
On Friday, US equities went down due to the fact that the G20 summit in Argentina burst out and market participants awaited news of probable trade talk progress between China and America.
The S&P 500 went down by 0.09% ending up with 2,734.12, while the Dow slumped by 0.19% trading at 25,291.76, while the tech-heavy Nasdaq Composite sank by 0.16% hitting 7,2681.27.
US leader and his Chinese rival Xi Jinping are expected to hold negotiations at the sidelines of the G20. The market was briefly boosted by US leader’s remarks on Thursday that he was about to doing something to normalize trading with China. However, Donald Trump added that he wasn’t sure he was willing to do this.
US President is also anticipated to meet with Russian leader Vladimir Putin, as the Kremlin told on Friday. However, on Thursday, Trump wrote on Tweeter that his official meeting with Russian President had been cancelled.
In addition to this, Splunk turned out to be among the top performers after the morning bell, heading north by up to 6% right after the software company surpassed forecasts for the fourth consecutive year. Moreover, Chinese e-commerce company Alibaba managed to tack on by up to 1.22%.
Marriott went down by 6% following news of a huge data breach of customers’ personal data, which had an impact on about 500 million users. As for Goldman Sachs, its equities headed south by nearly 2%, while Advanced Micro Devices inched down by approximately 3%. Additionally, General Electric went down by 5%.
As for commodities, gold futures went down by 0.67% trading at $1,222.20 a troy ounce, while crude futures declined by 3% ending up with $49.71 a barrel.
Measuring the greenback’s purchasing potential versus its primary counterparts the USD index rallied by 0.39% trading at 97.08.
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.
|
