The yuan slumped more than 1 percent against the dollar, and Chinese shares tumbled more than 3.5 percent when the market opened after a holiday. Futures on the S&P 500 Index sank more than 2 percent after Trump tweeted a plan to hike tariffs on Friday and China was reported to consider delaying the upcoming talks. The Australian dollar also fell, while the yen climbed. West Texas Intermediate crude declined almost 3 percent. U.S.
“It’s making the outcomes more binary, with everybody focused on the Friday deadline. There doesn’t seem to be much leeway now to much go past that,” Joyce Chang, chair of global research at JPMorgan Chase & Co., said on Bloomberg Television. “It’s going to mean that investors will be very focused on the trade issues even beyond China,” with a review of U.S. auto-import tariffs still pending, she said.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Business Maverick: Tesla Manager Sees Risk of Battery-Minerals Shortage in FutureBooming demand for electric vehicles and insufficient investment in mines could result in a global shortage of minerals needed to manufacture rechargeable batteries in a few years’ time, a Tesla Inc. representative told U.S. officials and mining executives in a meeting in Washington.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business Maverick: Anadarko Board Faces Scrutiny Amid $38 Billion Bidding WarAnadarko Petroleum Corp.’s market value has soared 56 percent since a bidding war for the American shale driller kicked off two weeks ago. Yet the company’s directors have managed to step on the toes of almost every player involved.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business Maverick: Emerging Market Investors Buy Up Bond ETFsIf investors wanted evidence that demand for bonds in the local currency of emerging market countries including SA isn’t fleeting, here it is: the biggest exchange-traded fund tracking local debt in emerging markets has seen 16 weeks of inflows.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business Maverick: UBS Picks Ramaphoria 2.0 Stocks Portfolio for S. African BetA South African election outcome that sees the ruling party win 55-60 percent of the vote could boost shares in banks and insurers, retailers, locally focused industrial companies, property firms and telcos, according to UBS Group AG.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
MARKET WRAP: Rand biggest gainer among emerging marketsThe JSE had a good day, with the all share rising to 59,335.9 points, with platinum miners leading the way
Fuente: BDliveSA - 🏆 12. / 63 Leer más »
MARKET WRAP: Rand biggest gainer among emerging marketsThe JSE had a good day, with the all share rising to 59,335.9 points, with platinum miners leading the way
Fuente: TimesLIVE - 🏆 28. / 59 Leer más »
BUSINESS MAVERICK: Book Extract: Christo Wiese – Risk and RichesIn this extract from Christo Wiese – Risk and Riches, Wiese is told about the accounting problems at Steinhoff that started the collapse of the company’s share price – and the unravelling of his life’s work.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business Maverick: Cartoon Monday: Rico
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business Maverick: Google Will Now Auto-Delete Some User Data — If You AskAlphabet Inc.’s Google said it will let users set up their profiles to automatically delete location and web-browsing data, giving people a middle ground to the internet giant’s always-on or always-off data hoovering mechanisms.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
BUSINESS MAVERICK: South Africa is not the only regional economy with a debt problemSouth Africa was not the only economy in the region to suffer a lost decade or ‘nine wasted years’, to quote President Cyril Ramaphosa. In some ways mirroring Pretoria’s trajectory, many African economies have been racking up concerning levels of debt against a backdrop of relatively sluggish growth. Part of this stems from continued reliance on natural resources. The failure to diversify or industrialise is one reason why so much of the past decade has been lost.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business Maverick: Google Advertising Revenue Growth Slows, Triggering Share SlumpAlphabet Inc.’s first-quarter revenue missed analysts’ estimates, sparking concern that advertisers are shifting some spending to digital rivals. Shares of Google’s parent company fell more than 6% following the results.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »