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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

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    The start of the trade war and the report of US jobs is the focus of global markets today

    Rocky
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    The start of the trade war and the report of US jobs is the focus of global markets today Empty The start of the trade war and the report of US jobs is the focus of global markets today

    Post by Rocky Sat 07 Jul 2018, 3:52 am

    The start of the trade war and the report of US jobs is the focus of global markets today
    The start of the trade war and the report of US jobs is the focus of global markets today 640 07 July 2018 03:44 ص
    Ahmed Shawky:
    Direct: exports US jobs report scene in the world markets by the end of trading on Friday, along with the entry into force of tariffs from Washington against Beijing, which had a share of events.
    The markets were affected by the announcement of jobs more than expectations in the United States, and signs of the start of a trade war between the two largest economies in the world.
    US Jobs Report
    The US economy added 213,000 jobs last month, while unemployment rose to 4 percent in June from 3.8 percent in May.
    Analysts had expected the US economy to add 195,000 jobs in June.
    While US payroll growth slowed to the level of analysts' expectations last month, with unemployment rising.
    Enforcement of tariffs
    " The first day of the war with China began , " so commented the American billionaire "Ray Dalio" on the entry of tariffs from Washington against Chinese goods worth $ 34 billion into force on Friday.
    As an immediate and repulsive response from the Chinese side , a Beijing-based press report said that Beijing has also begun to apply similar duties on US goods.
    Russia also announced that the prime minister signed a resolution to impose tariffs of up to 40 percent on US imports in response to Washington's tariffs against steel and aluminum in March.
    Stock Indices
    After landing at the start of the session , Wall Street managed to rise to finish the green session's latest session after a better-than-expected jobs report, with US stocks gaining strong weekly gains.
    Economic data showed today that the US trade deficit fell to a 19-month low.
    Most of the European bourses gained weekly gains, having closed high supported by the utilities sector.
    Economic data showed industrial production in Germany rose more than estimated, while British house price growth slowed down on expectations.
    Japan's Nikkei posted its first rise in five sessions at the end of trading, but recorded weekly losses as trade conflicts intensified, and Chinese stocks recorded the longest weekly loss in six years.
    Goods
    Oil prices rose at the end of trading after the Nymex fluctuated during the session, but recorded weekly losses.
    Baker Hughes data showed US oil drilling platforms rose 5 platforms during the week ending today.
    The US Energy Information Administration announced that US natural gas inventories rose more than last week.
    While the performance of   gold on the contrary, where the decline in settlement, but recorded weekly gains with the decline of the US currency.
    Platenium recovered from its lowest settlement in a decade but recorded weekly losses as trade tensions increased


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