Market Overview - Page 512

China posted a big miss in its overall trade surplus for April, as exports unexpectedly fell and imports surprisingly rose. The numbers came on Wednesday as the trade impasse between the U.S. and China continues to drag on. Customs data.

Important upcoming events and publications for May 8 (GMT): 11:30 ECB President Mario Draghi speech. Risks for EUR: moderate. The speech will be for the youth audience, so it is unlikely that there will be announcements of major changes in.

The Turkish lira hit a seven-month low on Tuesday after the country announced a fresh election for the city of Istanbul on the demands of Turkey’s ruling AK Party, which narrowly lost the commercial hub in municipal elections last March..

Stocks struggled for traction globally on Tuesday as a slew of trade headlines continued to buffet markets. The dollar was steady as Treasury yields edged higher. The Stoxx Europe 600 Index fluctuated in a narrow range as gains for real-estate.

The first ever cryptocurrency has struggled to recapture the enthusiasm and exuberance prior to the 2017 hype bubble pop. Since then Bitcoin price has declined over 85% to its eventual bottom, and a brutal and hard-fought bear market has caused.

The U.S. Commodity Futures Trading Commission (CFTC) is willing to approve an ether futures contract – provided it ticks all the right boxes, a senior official has told CoinDesk. The CFTC, which oversees derivatives markets in the U.S., has already.

EURUSD It seems that the series of bad economic data in the eurozone has been left behind. Monday’s PMI indices in the service sector exceeded expectations in addition to strong inflation data at the end of last week. Due to.

Market focus Trade disputes do not subside, putting pressure on financial markets. Against the background of negative sentiment regarding the trade deal, more and more markets are involved in this “tornado”. The United States announced that China had abandoned some.

Important upcoming events and publications for May 7 (GMT): 09:00 European Commission Economic Forecasts. Risks for EUR: moderate. Market focus is on inflation and economy forecasts. More healthy than expected estimates can enhance the purchase of the euro. 15:35 FOMC.

After a decade-long bull market and 2019’s record-breaking start to the year, global stocks are close to all-time highs. But if you look beneath the surface, there’s a scary trend lurking. The entire surge relies on just six stocks: Facebook,.

Market focus On Sunday, Donald Trump announced his intention to raise tariffs on Chinese goods worth $200 billion from 10% to 25%. In addition, the American president announced his readiness to set a higher tariff of 25% on an additional.

U.S. President Donald Trump’s threat of increased tariffs on Chinese goods is an indication that U.S.-China trade negotiations “might have reached a sticking point,” Goldman Sachs said on Sunday. The bank said in a note that chances of a successful.