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.
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