Thursday, 9 August 2018

Dollar on Pick

A Reuters News, Asian stock markets fell on Friday despite signs of greater government support for firms in China, with global trade tensions clouding the outlook for demand.
The U.S. dollar was near its highest levels in 13 months, while concerns over disputes with Washington pushed the Turkish lira to record lows and piled pressure on the Russian rouble.
U.S. President Donald Trump is pushing Tokyo to sign a free-trade agreement and has threatened to impose higher tariffs on auto imports including those from Japan.
Australian shares were flat after the nation’s central bank left growth forecasts largely unchanged, but trimmed its near-term estimates for inflation.
U.S. Treasury yields also fell, with the yield on benchmark 10-year Treasury notes at 2.9276 percent compared with 2.935 percent at its U.S. close.
UK GDP report will be in market interest further due to be release 0930 GMT.

No comments:

Post a Comment