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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Technology and currency losses dominate global markets today

    Rocky
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    Posts : 271372
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    • Post n°1

    Technology and currency losses dominate global markets today Empty Technology and currency losses dominate global markets today

    Post by Rocky Tue 31 Jul 2018, 3:54 am

    Technology and currency losses dominate global markets today
    Technology and currency losses dominate global markets today 640



     31 July 2018 12:30 p

    Ahmed Shawky:
    Mubasher : Technology stocks and currency declines were the scene in global markets on Monday.
    The negative results of technology companies, led by Facebook and Twitter, led sector stocks to a third consecutive decline on the US stock market, as well as a negative impact on European equities.
    For his part, US President Donald Trump said he was ready to meet with his Iranian counterpart, "Hassan Rowhani" without preconditions if Tehran wanted to do so.
    Losses of technology
    Wall Street retreated at the close of trading today, the Dow lost about 145 points, with the technology sector down 1.8% led by Facebook and Netflix.
    While Caterpillar's profits and revenues rose in the second quarter of this year and more than expected to boost sales.
    Economic data showed today , US home sales outstanding last month for the first time in 3 months and more than analysts' expectations.
    European bourses also closed in the red range, with tech stocks down about 1.6% and continuing to release quarterly business results.
    In Germany , the inflation rate has stabilized at a 2% reading high this month.
    While Japanese stocks fell at the end of trading as the central bank's meeting on Tuesday.
    Currency Drop
    The US dollar fell on the day as important economic data awaited this week as well as the Federal Reserve meeting.
    The Iranian riyal fell to a record low against the green card as a result of fears of US sanctions against Tehran.
    The Chinese yuan is retreating at a 13-month low against the US dollar as central bank measures in Beijing cut the reference price of the currency.
    While the Turkish lira fell during trading against the US currency as political tensions between Turkey and the United States over the extradition of the American pastor who is being tried in Ankara continued .
    Oil and gold
    The price of oil rose significantly in the settlement of trading today, where exceeded the gains of "Nymex" 2% with signs of shortage of supply of crude.
    While a recent survey showed OPEC production of oil rose to the highest level this year this month led by the Gulf countries and with the accession of the Congo to the organization.
    While gold prices fell for a third consecutive session as US Treasuries advanced and the Federal Reserve is expected to meet next Wednesday.


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