Equities recover as US-China trade war fears ease | IFCM Colombia
IFC Markets: CFD Bróker en línea

Equities recover as US-China trade war fears ease

  • IFC Markets
    2023/02/27
  • IFC Markets
    2023/02/20
  • IFC Markets
    2023/02/13
  • IFC Markets
    2023/02/06
  • IFC Markets
    2023/01/30
  • IFC Markets
    2023/01/23
  • IFC Markets
    2023/01/16
  • IFC Markets
    2023/01/09
Suscríbase a nuestro canal de YouTube y reciba los nuevos vídeos de IFC Markets

Higher market volatility marked trading last week also as US-China trade war fears eased while geopolitical tensions rose after an alleged chemical attack in Syria. The SP 500 rebounded 2%recovering from last week’s 1.4% loss while the ICE dollar index lost 0.4% for the week.

The SP 500 advanced every session last week except Wednesday and Friday. It added 0.3% Monday as Trump tweet he expected “China will take down its Trade Barriers because it is the right thing to do.” US stocks rallied 1.7% Tuesday as Chinese President Xi Jinping said at Boao forum Beijing plans to cut tariffs on car imports and give foreign companies greater access to financial sector. The SP 500 slid 0.6% Wednesday after President Trump’s tweet indicating he was preparing a missile strike in Syria in response to a chemical attach in Syria allegedly purported by Assad troops. The broad market index recovered 0.8% Thursday as Syria tensions eased after President Trump tweeted that a missile strike was not imminent. SP 500 declined 0.3% Friday.

The ICE US dollar index retreated every session last week except Thursday. It fell 0.3% Monday, extending losses 0.2% Tuesday as US wholesale prices accelerated in March, rising 0.3%. The dollar index slipped 0.1% Wednesday as the consumer price index fell 0.1% on month in March while the minutes from the Federal Reserve’s March policy meeting showed policy makers discussed the need to slow the economy. It rose 0.3% Thursday as initial jobless claims fell in the first week of April and returned near the lowest levels since the early 1970s. The dollar index slipped less than 0.1% Friday.

US and China trade relations will remain in focus this week. Trump will meet Japan Prime Minister Shinzo Abe at Mar-a-Lago on Tuesday. US retails sales report today, as well as China’s GDP report on Tuesday, and UK inflation data and Bank of Canada policy meeting Wednesday are the highlights of this week’s economic events. And Goldman Sachs and Morgan Stanley will report quarterly results as the earnings season unfolds.

Nueva herramienta analítica exclusiva

Cualquier rango de fechas - de 1 día a 1 año

Cualquier grupo de trading: Forex, Acciones, Índices, etc.

 
Close support
Call to Skype Call to WhatsApp Call Back