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Mass promotions't want a piece of US-CHINESE TRADE TRUCE

Mass promotions't want a piece of US-CHINESE TRADE TRUCE

London (AP) — mass stock markets flatly refused on Tuesday from the many achievements that they consolidated in the previous session, when the 90-day trade tariff truce between the USA and China strengthened the mood of traders.

Keeping score: in Europe, Germany's DAX fell 0.8 percent to 11.377 while the French CAC 40 fell 0.8 percent to 5.016. The FTSE index of 100 major English promotions has fallen by 0.8% to 7.005. South American stock indices were ready for more low opening with Dow futures and more wide s&P 500 futures at 0.5 percent.

Us-China truce: a weekend meeting between US President Donald trump and Chinese President XI Jinping, which ended with an oral agreement to postpone subsequent tariffs, at least for 90 days, sent promotions on the first day of the week. On the first day of the week, the Minister of money Steven Mnuchin told reporters, in fact, that the favorites had a thorough conversation on 142 points and will be obliged to translate these signs into a "real contract" in the coming months. Some of the movement below the markets on Tuesday was elementary from day to day fixing benefits. However, some of them show specific skepticism about the possibility of a truce lasting more than 90 days.

Analyst TAKE:" this has the ability to be somewhat cruel, because collusion is not necessary in the 90-day window, both sides are elementary obliged to agree on the parameters of the upcoming transaction and on what will be included in order to extend the truce and work on the destruction of tariffs, " said Craig Earlam, senior market analyst at OANDA. "The question of whether this will happen, absolutely, is subject to consideration, but I believe that this is actually a positive step forward from where we were before the meeting, and this is fundamentally."

BREXIT: the pound rose subsequently such as a high-ranking bureaucrat in the Supreme court of the European Union said, in fact, that England has the opportunity to change its consideration of leaving the EU in a one-sided manner. The advice of the General defender, who often, but not always follows in the footsteps of the absolute court, caused a rebound in the pound, because traders regarded more as the highest possibility of such, in fact, that England will not leave European Unity, as conceived on March 29. The pound rose 0.7% to $1.2811 following the news.

Quote:" with some claim 2 referendum pound jumped on the prospect of this, in fact that Brexit has the opportunity in General never to happen, " -said Joshua Mahoney, market analyst IG.

Asia day: Japan's Nikkei 225 rose 2.4% to 22,036.05 and South Korea's Kospi dimmed 0.8 percent to 2,114.35. Hong Kong's Hang Seng added 0.3 percent to 27,260.44. The Shanghai Composite index rose 0.4 percent to 2,665.96. Both Chinese indices completed a rise of more than 2 percent on the first day of the week. The s&P ASX/200 index in Australia rose 1% to 5713.10.

Energy: oil prices are rising ahead of the OPEC meeting on Thursday, where members are expected to agree to reduce the creation in 2019. South American crude rose 92 cents to $ 53.87 a barrel on the new York Mercantile exchange, while Brent rose $1.195 to $62.88 a barrel.

Monetary units: the Euro rose 0.4% to $1.1399 while the buck fell 0.8% to 112.78 Yen.

Category: Business | Views: 5 | Added by: hameleons30 | Tags: DJIA, amazon stock, S&P 500, apple stock, AAPL, Stock market, dow, amzn, Dow Jones, CNBC | Rating: 0.0/0
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