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Business / Finance

Markets decline on trade issues and corporate news

Forex Club 18.07.2019 at 13:29

World stock markets falling on Thursday amid the trade-related problems and negative corporate news.

the Major U.S. stock indexes on Wednesday have shown a downward movement due to the persistence of uncertainty in the trade relations between the US and China.

the US President Donald trump said Tuesday that trade agreement with China still has a "long way". However, he did not rule out the introduction of new duties on Chinese goods imports 325 billion. Investors also continued to digest mixed corporate reports of the largest American banks.

Asia stocks closed Thursday with a decline within 1.6% on weak statistics from Japan.

the country's Exports fell in June by 6.7% and imports by 5.2%, whereas the market was expecting the reduction of indicators of 5.6% and 0.4%.

European stocks on Thursday reduced to 0.5% on the back of corporate news. The European company-software maker SAP announced a decline in operating profit by 21% in the second quarter of this year and warned investors that a significant improvement in profitability is expected only next year.

While the pressure on the British FTSE had a warning to ASOS about lowering expectations for the 2019 financial year because of problems with the operations in warehouses.

the Russian stock market is moderately reduced on Thursday after global markets. The ruble is moving in either direction against the dollar and the Euro.

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

Not found economic events 2019-07-18 for 2019-07-18

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