14.05 - dollar goes lower together with oil.
- Anna K.
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The trading week starts off with the weaker dollar and stronger prices for metals as well as growing European and Asian markets.
The trading week starts off with the weaker dollar and stronger prices for metals as well as growing European and Asian markets.
With Hong Kong GDP data in, experts can’t wrap their minds where the index will go next. Also, Tesla shares are under pressure again – is there a recovery in sight?
The main piece of news this trading day is the win of Malaysian opposition in the national Malaysian elections with the new Prime Minister now occupying the seat. The win brought positive changes to Asian market driving attention from failing European markets. Dollar has its first retreat in a week with oil breaching new heights.
USA has withdrawed from another international deal; a large well-known company has gone bankrupt and new tariffs for steel are on-hold - main news from the markets.