Wednesday, May 25, 2022
  • Contact
  • Contribute
  • News
  • Authors
No Result
View All Result
National Headlines
  • Business
  • Finance
  • Politics
  • Science
  • Sports
  • Technology
  • Business
  • Finance
  • Politics
  • Science
  • Sports
  • Technology
No Result
View All Result
National Headlines
No Result
View All Result
Home Politics

How Dollar Remains Flat And Stocks Gain Post US-China Trade Armistice

by Emily Graham
04/07/2019
2 min read
How Dollar Remains Flat And Stocks Gain Post US-China Trade Armistice
0
SHARES
52
VIEWS
Share on FacebookShare on Twitter

The upcoming G-20 summit has a lot of apprehensions to unfold throughout the course of the meetings. But even before the summit that is scheduled to begin on Thursday, the dollar remained stable and equity markets gained prior to the much-anticipated meeting between Xi Jinping, the Chinese President, and Donald Trump, the U.S President.

What Does The US-China Truce Entail?

Sources have cited that the two largest economies of the world have agreed upon an armistice to stop the ongoing trade spat between the two nations before the summit. The impending fears of Donald Trump raising the tariffs on China and putting new ones have died down which led to the investors showing their interest in risky assets. The optimistic part of the whole deal is that Beijing plans to present Washington with a set of terms that it needed to fulfil before settling the ongoing dispute.

What Do Strategists Around The World Have To Say?

Chief global market strategists around the world although believe that the current state of administration in the U.S, reaching any sort of conclusion with China seems a tough nut to crack. In fact, strategists believe that there are no reasons compelling enough that will make China allow concessional rates to the U.S. The head of the U.S rates strategists believe that although there were hints of initial optimism, the meeting in Osaka between China and U.S is going to be tense.

Effect Of Trade Truce On Major World Currencies:

The dollar index is a measure which is used to track the major currencies such as sterling, Japanese yen and euro including three more currencies against the dollar. The dollar index traded less than ninety-six points which were a slight change against the yen and the euro. The stocks across the world gained a little less than 0.5 percent while stocks across Europe closed at break-even. The stocks gained in markets across the U.S.

The health care stocks rose by a little less than one percent and financial stocks gained 0.78 percent. The high trading trends were observed in the case of the semiconductor companies which have quite an exposure to China in terms of revenue. The debts of U.S Treasury fell in the anticipation of the trade talks between China and the U.S being a little more complicated in contrast to the expectations. The yield fell down by two percent with the rise in the price of the Treasury note.

Effect On Products Around The World:

The bond yields of the German Government fell towards a low that was recorded the lowest till date leading to inflation in the biggest economy in the Eurozone. The bold yield of Germany went down as low as 0.32 percent. Although there are perceptions of proposed sanctions and curbs by organisations, oil prices changed a little which was due to the concerns over the outcomes of the G-20 summit. The gold futures in the U.S went down 0.2 percent lower and settled at around 1400 dollars per ounce, while crude oils increased by five cents to settle at a price of around sixty dollars.

ShareTweetShareShare

Related Posts

Winners of DESIGN TO NURTURE THE PLANET competition and their projects in support of the UN SDGs
Politics

Winners of DESIGN TO NURTURE THE PLANET competition and their projects in support of the UN SDGs

29/04/2022
How are homeless young people being helped?
Politics

How are homeless young people being helped?

19/08/2021
Positives and negatives: Recap on the UK government’s handling of the pandemic
News

Positives and negatives: Recap on the UK government’s handling of the pandemic

05/01/2021
Role of Text Messaging in US Elections
Politics

Role of Text Messaging in US Elections

02/09/2020
Regions Could See Fly-Tipping Increase by As Much As 70% This Year
Politics

Regions Could See Fly-Tipping Increase by As Much As 70% This Year

18/08/2020
All The Dimensions Of Currency Volatility
Politics

All The Dimensions Of Currency Volatility

09/07/2019
No Result
View All Result

Looking for writing opportunities

Get in touch to find out more.

Start Writing

Topics

  • Automotive
  • Business
  • Education
  • Employment
  • Entertainment
  • Finance
  • Healthcare
  • Legal
  • Lifestyle
  • Politics
  • Property
  • Science
  • Sports
  • Technology
  • Travel

Latest News

  • Trending
  • Comments
  • Latest
Managing Waste in the Film Industry

Managing Waste in the Film Industry

12/10/2020
Perils of Efficiency: Procuring Supplies During a Crisis

Perils of Efficiency: Procuring Supplies During a Crisis

04/10/2021
Loadhog Estimates 108 Million Metres of Stretch Wrap Eliminated Through Use of Pallet Lid

Loadhog Estimates 108 Million Metres of Stretch Wrap Eliminated Through Use of Pallet Lid

12/10/2020
SOTECH WINS MANUFACTURING AWARD AT NORTH EAST BUSINESS AWARDS

SOTECH WINS MANUFACTURING AWARD AT NORTH EAST BUSINESS AWARDS

12/10/2020
Testosterone – Buyer Beware!!

Testosterone – Buyer Beware!!

30/01/2020
London Marathon

The world record for the London Marathon

On UK state visit Donald Trump will meet Price Charles for tea

On UK state visit Donald Trump will meet Price Charles for tea

Nigel Farage

“Electoral commission has planned and coordinated with the former prime minister for funding inspection”, says Nigel Farage

Theresa

Recent Brexit deal by Theresa may fall flat

Theresa

Theresa May makes sure that her last-ditch bid to win all the support for her new Brexit Deal

Roman Semiokhin: Inspiring the Next Generation of Entrepreneurs

How To Solve Business Disputes by Hiring a Civil Lawyer

19/05/2022
5 Best Wide Fit Shoes for Men

5 Best Wide Fit Shoes for Men

19/05/2022
Earn Free IMVU Credits

Earn Free IMVU Credits

19/05/2022
5 Benefits of Working with a London SEO Company

5 Benefits of Working with a London SEO Company

16/05/2022
5 Reasons You Should Take the Help of Conveyancing Services

5 Reasons You Should Take the Help of Conveyancing Services

12/05/2022

National Headlines

Recent News

  • How To Solve Business Disputes by Hiring a Civil Lawyer
  • 5 Best Wide Fit Shoes for Men
  • Earn Free IMVU Credits
  • 5 Benefits of Working with a London SEO Company

Topics

  • Automotive
  • Business
  • Education
  • Employment
  • Entertainment
  • Finance
  • Healthcare
  • Legal
  • Lifestyle
  • Politics
  • Property
  • Science
  • Sports
  • Technology
  • Travel

Newsletter

Subscribe to our mailing list to receives daily updates direct to your inbox!

*We hate spam as you do.

© National Headlines

  • Contact
  • Contribute
  • Sitemap
  • Authors
No Result
View All Result
  • Home

© 2019 National Headlines.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
SAVE & ACCEPT