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.
With greenback, European and Asian markets being calm and steady, markets are awaiting American word on Middle Eastern oil market. In the meantime Russian president held inaguration ceremony and Elon Musk made his biggest purchase in more than a year.
As the attention of the whole world is tied to the meeting of Koreas' leaders which took place at demilitarized zone markets are performing steady as if waiting for the sigh of relief.
With Asian market still behaving uncertain and being mostly in the red, world's attention is tied to the meeting of the leaders of North and South Korea which is set to happen tomorrow. Also, Facebook profitability data was published and oil industry sees a new threat.
With dollar growing and hitting monthly highs for several days in a row markets don’t seem as stable with European and Asian indices and stocks being in the red zone in the middle of trading week. Oil and precious metals are also losing price. NAFTA talks are moving forward and China is trying to find new ways to boost the economy.
With markets being mixed dollar gained enough to be at the highest level since January. Oil is also strong. The crude is now at the highest point in almost three years. In the meantime Armenian conflict seemed to have been over.
With markets being a little shaky but mostly stable at the beginning of trading week political world is awaiting the oncoming negotiations between South and North Korea which are expected to be followed by the negotiations between North Korea and USA.
Markets are not performing steady in the last day of the trading week as technology stocks in Asia and Europe are facing a sell off. Meanwhile Cuba elects new president and Armenia is drowning in riots.
Asian and European markets are showing good numbers as well as metals market but the biggest winner of the day is now oil. “Black gold” has breached new heights in almost three years and the numbers are bringing a lot of joy to the investors. In the meantime SpaceX is trying to take on a lot of projects hoping to attract more investors.
This trading Wednesday brought stability and growth to stock markets, little shakes to equity markets and mixed performance to metals markets. New discoveries by scientists brings hope to humanity.
With markets awaiting new numbers from Asian region greenback started to slip, hitting lows while traders are unable to do anything about it. New Brexit referendum may soon come and mess with pound, that performs well right now. On the other side of the world Koreas are ready to stop the war.
13 jokes for a lucky trading day!
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1) One evening, a Counselor saw Max on his hands and knees. ‘What are you doing?’ she asked.’I'm looking for my dollar bill,’ Max replied. ‘I lost it down the road.'’Why don’t you look for it there?'’Because the light’s better here!’
2) Inflation allows you to live in a more expensive neigbourhood without moving.
3) Always borrow money from a pessimist, he doesn’t expect to be paid back.
4) How do you define optimism? A banker who irons 5 shirts on a Sunday.
5) What's considered enough money? Just a little bit more.
6) I just went partners with my bank. They own half my car.
7) My sister fell in love at second sight. When she first met him she didn't know how rich he was.
8) A professor was giving a big test one day to his students. He handed out all of the tests and went back to his desk to wait. Once the test was over the students all handed the tests back in. The professor noticed that one of the students had attached a $100 bill to his test with a note saying “A dollar per point.” The next class the professor handed the graded tests back out. This student got back his test, his test grade, and $64 change.
9) A man went to his bank manager and said, 'I'd like to start a small business. How do I go about it?' 'Simple,' said the bank manager. 'Buy a big one and wait.'
10) - Who dropped a wad of notes with an elastic band round them?
- I did!
- Well, heres the elastic band.
11) At the scene of a bank raid the police officer came running up to his inspector and said, "He got away, sir!". The inspector was furious. "But I told you to put a man on all the exits!" he roared. "How could he have got away?" - "He left by one of the entrances, sir!"
12) - Johnny, if you had 5$ and you asked your father for 3$ more, how many dollars would you have?
- I would have five dollars...
- You don't know your arithmetic, Johnny...
- You don't know my father, Mrs. Mutch...
13) A guy at work went in for a competition and won a trip to China. He's out there now...trying to win a trip back!
At the beginning of the trading week Chinese and Japanese officials met to discuss the prospects of further economic collaboration. Russia may soon face another package of sanctions from one more country. Markets are uncertain after American strike on Syria.
With tensions in Asian seemingly going away and American government focusing on things like re-joining Trans Pacific Partnership dollar is performing good with other currencies having mixed performance. Oil didn’t extend previous growth with first retreat in a week.
All the attention of the world society is now tied to the situation in the Middle East, where the conflicts in Syria and Saudi Arabia are escalating and this is causing oil price to skyrocket to 4-year high.
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