Tension is Rising

Economic News
12 lip 2018
Tension is Rising

Tensions in the trade relations of the largest economies continue to find reflection in stock quotes. The S&P 500 index broke its rally, and shares of emerging markets lost more than 1%. The prices of energy and metals also took a strong blow. Oil has suffered the biggest losses in two years and the price for Brent crude oil has fallen to 74.29 dollars per barrel. The renminbi rate fell to a three-year low and reached the level from August 2015.

As expected, the Bank of Canada set a base rate of 1.5%, raising it by 25 basis points, so the Canadian dollar won 100 points from the greenback yesterday.

The market of cryptocurrencies continues to cling to the lows on the background of trade wars and investors seeking refuge.

SuperForex
China and the US Still Arguing

Economic News

China and the US Still Arguing

The trade dispute is escalating.

SuperForex
11 lip 2018
Tesla and Shanghai Were Able to Negotiate

Economic News

Tesla and Shanghai Were Able to Negotiate

SuperForex
11 lip 2018
Brexit Troubles

Economic News

Brexit Troubles

May's cabinet is struggling to unite Britain for a soft Brexit.

SuperForex
10 lip 2018