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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    The commercial war controls the most important events in world markets by the

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 260049
    Join date : 2012-12-21
    • Post n°1

    The commercial war controls the most important events in world markets by the Empty The commercial war controls the most important events in world markets by the

    Post by Rocky Sat 03 Mar 2018, 3:45 am

    The commercial war controls the most important events in world markets by the end of the day

    The commercial war controls the most important events in world markets by the 640 03 March 2018 02:31 p

    From - Sally Ismail:
    Mubasher: A potential trade war is the headline that dominated the most important events in global markets by Friday, amid international trends with retaliatory measures.
    On the other hand, British Prime Minister Teresa Mae called for confronting the difficult facts after the bricast regarding the future of the trade relationship between the United Kingdom and the European Union.
    Trump Business War
    All the nations of the world are waiting for the decision that Donald Trump is going to implement in practice next week, with promises of reprisals, but the US president nevertheless insists he is on the right track.
    And confirms the US President that when the loss of several billion dollars because of trade with each country is working with the trade war is considered in that case is a good thing.
    The president of the United States also pointed to the importance of protecting the state and workers by saying: "Whoever does not have a steel industry has no state."
    New York Federal Reserve Chairman William Dudley warned of changes in the trade movement and the ensuing challenges to the industry and the world.
    In response to the US decision, the European Union warned against possible retaliation if the proposed fees are applied, as the situation is discussed within the bloc.
    Sien Hwang, Moody's credit rating agency, says the new fees will not have a significant impact on Asian steel producers because the US share is relatively small.
    The World Trade Organization warned of a trade war between the United States and other countries because of the US decision to impose tariffs on imports of aluminum and steel.
    While the US Commerce Secretary ruled out the existence of significant effects on Trump's tariffs on prices, stressing that they would be broad but "minor."
    Global Equity Losses
    The global equity markets were negatively affected by concerns about US protection tariffs on steel and aluminum imports, closing all indices in the red zone except for Nasdaq and Standard & Poor's.
    Wall Street rallied at the end of trading, but saw weekly losses to lose the Dow by 771 points a week.
    In the midst of questions raised within the markets about interest rates, Federal Reserve memberWilliam Dadley said the four increases would be gradual this year.
    Indices also fell , European stocks at the end of the meeting with President Donald Trump 's comments on tariffs, as recorded weekly losses.
    Japan's stock indexes ended lower with the Nikkei losing more than 500 points in one session, with weekly losses of 3.2%.
    Important economic indicators
    Consumer confidence in the economy, producer prices, construction activity and the unemployment rate were the most prominent indicators released during the day.
    Consumer confidence in the US economy rose last February to the highest level in nearly 14 years, according to a final reading from the University of Michigan.
    Eurozone producer prices rose 0.4% in January on a monthly basis in line with expectations but slowed year on year to 1.5%.
    UK construction activity recovered from the lowest level recorded in 4 months in February, with the Markt index for construction purchasing managers rising 51.4 versus 50.2 in January.
    On the Tokyo front, Japan's unemployment rate fell to 2.4% in January, the lowest in 25 years and the number of people in the labor market rose by 920,000.
    Precious metal market and black gold
    As fears of protectionism escalated and trade war was considered to be a good thing, the dollar fell in the last week of trading to lift the metal and commodities market in the US currency.
    Although US crude was able to rise at the settlement of today's session, but saw a weekly loss of 3.6% against the background of concerns about the oversupply of the United States.
    US companies added one platform to oil drilling platforms in the United States during the week ending today, bringing the total to 800 platforms with two more platforms for natural gas exploration.
    Also it rose gold metal at the close of about 1.4% in a single session but failed to achieve weekly gain to lose about 0.5% in a week.
    E-currency market
    E-currency saw significant gains during Friday's trading as the currency of the "Petcquin" the highest level of 11 thousand dollars.
    The market value of all electronic currencies increased by more than $ 20 billion with the increase in the value of the largest hypothetical currency.
    This coincides with a call by Governor of the Bank of England Mark Carney for a huge legislation to end the era of electronic currency chaos to equal the same levels as other financial systems.
    Between this and that, an electronic coin drew attention to it with gains of over 130% in less than 48 hours, called Nexos.




    • Back to top
      Current date/time is Fri 08 Dec 2023, 3:41 am