Sentiment in global markets is somewhat negative today as investors are taking caution. In the U.K. problems are mounting for the PM Theresa May as parliament members show their lack of appreciation. Elsewhere, Bitcoin keeps showing big swing after dropping 20% on the weekend. In China, giant Alibaba just broke another record sale for one business day. Here are the big things to know for today.
U.S. President Trump continues his tour in Asia after visiting China yesterday saying he “don’t blame China for taking advantage of previous U.S. administrations. Meanwhile, the dollar is looking weaker today amid tax reform uncertainty as Gold prices slipped a bit after investors took profits. Elsewhere, Oil prices continue to trade at 2-year highs levels. These are the big things to know this Friday.
Markets are entering negative territory this Thursday amid uncertainty over U.S. tax reform delays and Trump’s tour in Asia. The Dollar remained under pressure which boosted demand for Gold. Elsewhere, Brexit talks continue in Brussels today between U.K. and EU leaders. Oil remains on multi-year highs as optimism about output cuts boosted prices. Here are the biggest things to know ahead of today’s trading.
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