Online Forex broker
On Tuesday, Wall Street was braced for starting lower because renewed fears over a prolonged trade conflict China and America put pressure on investor sentiment.
China’s Vice Premier Liu He is going to visit America this week for trade negotiations, Beijing informed on Tuesday, thus playing down an expected escalation in tensions after American leader vowed to slap new levies.
On Sunday, American President told that the higher levies would come into effect on Friday if his country fails to make a deal with China that provoked a global sell-off in stocks and sparked worries of a deceleration in global surge.
As a matter of fact, tariff-sensitive Boeing Co headed south by about 1.2%, while CaterpillarInc inched down by 1.1%. Additionally, Boeing stocks were also suppressed by the news that Barclays was downgraded to "equal weight".
Trade tensions also sent crude prices down and stopped a recent leap that powered the S&P 500 as well as the Nasdaq to record maximums. Apparently, the benchmark index is about 1% away from its all-time maximum of 2,954.13.
Contributing to the downbeat sentiment, the European Commission told Italy's enormous debt is anticipated to keep soaring in 2019 and also next year as the country's surge is still sluggish.
ET, Dow e-minis slumped by 0.6%. As for S&P 500 e-minis, they decreased by 0.65%, while Nasdaq 100 e-minis headed south by 0.79%.
Besides this, crude majors Exxon Mobil Corp inched down by 0.5%, while Chevron Corp headed south by 0.3%.
American International Group Inc headed north by 4.8% after the insurer posted a quarterly gain that blew past hopes and also reported its first underwriting revenue since the financial downtime.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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.
|
