Mon, May 13, 2024

Trade Talks

Stock markets on Thursday

Stocks benefited from the U.S.-China trade talks

Stock markets across the world welcomed the news that the U.S. and China agreed to scrap the tariffs as of the “phase one” deal. On Thursday, the Chinese Commerce Ministry released information, which helped to boost the market sentiment. The ministry didn’t specify the exact timetable when countries are going to roll back the tariffs. …

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Wibest – Oil and Petroleum: Crude oil barrels stacked up.

Oil and Petroleum Prices Fall After Inventory Build-up

Oil and petroleum prices came tumbling down during this Wednesday’s trading after the API reported another build-up. Traders are now also waiting for official data from the EIA that is due later in the day. Oil bears were delighted as they made profit from the US stockpiles’ build-up. West Texas Intermediate futures stumbled down 0.37% …

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Asian Stock Market: Businessman writing the trading graph of the stock market. broker

Asian Stock Markets Up on Trade Talk Progress

Asian stock markets edged higher to hit more than 14-week highs. Investors’ appetite for riskier assets returned on the progress of the trade discussions and positive US jobs report. MSCI’s broadest index of Asia-Pacific shares outside Japan rose by 1.08% to $530.86, reaching its highest level since July 24 and putting it on track for …

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Asian Stock Market: Stock Market on the cityscape at night background.

Asian Stocks Surge on Potential Trade Deal | WibestBroker

Asian stock markets traded in green territory on Monday, registering more than 14-week highs. This is due to last week’s developments in trade negotiations and optimism over the latest US job data renewed investors’ risk appetite. MSCI’s broadest index of Asia-Pacific shares outside Japan advanced by 1.08% to $530.86, hitting its highest since July 24. …

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Market Charts and Analysis

Daily Market Charts and Analysis October 22, 2019

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPNZD The pair has jumped back to the trading channel it’s established before, although it doesn’t appear that it would follow the same trajectory as the fundamentals for the British pound threat more volatility …

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Caterpillar building

Caterpillar Drags World Economy Down | Wibest Broker

Machinery sales from Caterpillar Inc. emphasized North America’s economic slowdown. Caterpillar’s 12-month forecast is down about 18% from the same time a year ago. The International Monetary Fund cited a broad deceleration across the world’s largest economies as trade talks interrupt domestic growth. Their forecast predicted the weakest global economic growth in almost two years. …

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Asian market: Stock market in the city

Asian Market Improves as Phase One Launches

Chinese stock figures slow as the US-China’s “Phase One” agreement affect the Asian market. The dollar imports and exports fell as details of their trade agreement emerged. While the agreement helped boost Asian figures, Chief Market Strategist at JPMorgan Tai Hui warns potential investors.  The world saw previous attempts for trade truces crumble. Hui claims …

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Chinese: Newly launched Huawei P Smart smartphone

How Huawei Still Affects the Asian Market

As one of the largest telecommunications equipment providers in the world, Chinese company Huawei inevitably impacts the Asian market. Many can claim the company started the US-China trade war in the first place. Their next conflicts lead to the 15-month long trade war and bled into other trades like agriculture and intellectual properties.  FBI Director …

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