Sun, September 25, 2022

Trade War

Huawei Struggles as Trump Declare National Emergency - Wibest Broker

Huawei Struggles as Trump Declare National Emergency

On Wednesday, President Donald Trump announced a national emergency. The declaration is due to threats of China against American technology. And this will affect Huawei’s business transactions in the U.S. The move was made via executive order. After that, Commerce Secretary Wilbur Ross, with a consultation with other top officials, received the approval to stop …

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Wibest Broker-Oil Inventory Report: oil prices concept, oil being poured from a golden barrel

Oil Inventory Report: Oil Slips, Headed for Gains this Week

OIL INVENTORY REPORT – Brent slipped further away from the $70 mark after topping that level during the previous session, while West Texas Intermediate (WTI) crude was also slumped, dragged down by concerns over trade negotiations. Brent crude futures for front-month delivery lost 26 cents, or 0.5 percent, hitting $69.4 per barrel. Last session, it …

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IG group, A hand dictating whether there is an increase or decrease on the market.

Trade Agreement: Possible slowdown in 2019 due to Brexit

TRADE AGREEMENT- On Wednesday, the Asian Development Bank said additional momentum could not be possible, as slow down of Asia’s growth development in 2019 continues. Economic risks increased with the trade war between the US and China and a potentially disorderly Brexit. This year, growth of 5.7 is expected on the 45 countries in the …

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Wibest Broker-Economic Development: silver and gold knight chess pieces on top of dollar and yuan banknotes

Economic Development: China Intervenes Less in Industries

ECONOMIC DEVELOPMENT – Chinese industry minister said on Monday that the country will have lesser intervention in its massive industrial sector. This comes after an obvious scaling back of its high-tech industrial push, which has long been a problem to the United States. China is also attempting to ease the concerns surrounding its industry policies, …

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