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Overview: world markets fear a technological "cold war" between the US and China

Forex Club 23.05.2019 at 15:10

In global stock markets on Thursday may 23, it was noted significantly negative dynamics of stock indices. Investors have already coined a new term for us-China trade relations.

the Technological cold war between the US and China because of the conflict Okrug Huawei Technology continues to put pressure on stock indices.

Despite the delay, this Huawei America, Secretary of state Mike Pompeo, the TV channel CNBC said that the US authorities expect more American companies will refuse to cooperate with the Chinese company.

Additional pressure on the U.S. market comes from data on the decline in sales of new homes in the U.S. in April. The indicator decreased by 6.9% compared with the revised figure in March to 673 thousand a year, though analysts expected it at the level of 675 thousand per year.

US stocks against this background, in August decrease by 1-1,2%.

Western European stock indices on Thursday night decreased by 1.3–1.6 percent since the start of trading.

the Regional markets in addition to concerns about the new technology of the cold war, played a weak may data on the dynamics of the index of business activity in industry and services (PMI) in the Eurozone,

, the Euro against the dollar in the evening continued to trade in negative territory. However, intraday volatility has allowed trader Forex Club earn per day, about 5 thousand dollars in long positions on EUR/USD. To 17.59 GMT, the Euro was down against the previous fixing by 0.03% and amounted to 1,1149 dollar.

Market, USA, dollar, oil, ruble, Forex club

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