China and US trade negotiations continue today. Trump said that the negotiations are positive and as soon as it is finalized, he will sign it on behalf of his country, no need for politically complex Congressional Approval Process. He called it a fast and clean deal! Gold price dropped 01% in response to this news…
Turkish Lira continues a bearish trend in global markets, down 3.1% WOW. Tensions between US and Turkey have increased significantly and it seems that US going to impose sanctions on Turkey as it has attacked to parts of Syria and Iraq with Kurd residents. The draft of sanctions includes boycott of selling weapons to Turkey,…
US crude stock which published by API, has increased 4.1 million barrels WOW while the market expected it to grow 1.4 million barrels! This issue as well as the trade war between the superior economies and the continuous concern about the world’s economy put pressure on demand and decrease prices. China is unpleasant that its…
Analysts are searching for any sign of economic recession in US stock market and no signal was seen until now! S&P 500 now trades at 19.4 times income while Nasdaq 100 trades at 24.4 times, showing an expansion in economic activities. Economists expect the US stock index to fall 30% if the signs of recession…
The US #Dow_Jones_Index fell -1.15% on October 1st 2019 after the negative data related to #US production on September published. According to #ISM, US manufacturing #PMI dropped to 47.8, showing that US economic growth is decreasing. It caused the US 2 year and 10 year bonds to fall respectively 4.2% and 2.15%. This will cause…
According to CNBC, the trade war between China and US caused a serious challenge for US economy. Pantheon analysts believe that an agreement between China and US till the end of 2019 should be forgotten and added that both China and US economies are negatively influenced by the cold war. Investigation of the US economic…
The attack to Aramco on September 14th 2019 does not only destroy 2 oil facilities and descend the global oil supply but also destroys the dream of Saudi Arabia about the US security power! It is a long time that Saudi authorities believe that their close relationships with US as well as the purchase of…
Donald Trump said on Tuesday that its government can make an agreement with China by next year in order to avoid hurting the American economy before the 2020 elections, and if it doesn’t happen before the election, it may occur one day after it! Trump told China that any agreement after November 3rd 2019 will…
According to Sputnik, Iraq have to buy energy from Iran otherwise it can support the required electricity of its country. On the other hand Iraq is under pressure of US to stop importing of energy from Iran. Marshall Billingslea, Assistant Secretary for Terrorist Financing in the United States Department of the Treasury, asked Iraq not…
Automobile car sales of China, the biggest car market worldwide, fell 6.9% in August compared with the same period last year. It is 14 months that China vehicle market is bearish. On the other hand, the sale of electric vehicles also decreased for the second month. It is the first time since 1990 that China…
