Top 5 things to know about the market on Tuesday by Investing.com



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Investing.com – Here are the top five things to know about the financial markets on Tuesday, November 27:

1. Trump raises stakes in the trade dispute between the United States and China

The attractiveness of the market was badly felt after US President Donald Trump said he planned to move forward with Chinese imports of $ 200 billion, or 25% of the current 10%.

In an interview with the Wall Street Journal, Trump said it was "very unlikely" that he would accept China's request to delay the increase, which is expected to take effect Jan. 1.

Trump added that if negotiations between the two countries failed, he would also impose tariffs on the remaining Chinese imports.

The president's comments come before the meeting between Trump and his Chinese counterpart Xi Jinping at the G20 summit in Argentina at the end of the week.

Tensions between the two countries have been the headlines of the economy this year, with both parties imposing equal tariffs on all products.

2. US futures point at reduced opening

US equity futures have suggested a lower opening, while a new threat from Washington to impose tariffs on more Chinese imports seemed to negate the hopes of a US stock market. commercial truce between the two largest economies in the world.

At 5:35 am Eastern time (10:35 GMT), blue-chill lost 25 points, or about 0.1%, the 4 dives, or about 0.2%, while the techno-heavy posted a loss of 25 points, about 0.4%.

The pre-market moves came after Wall Street ended Monday's session significantly higher, closing more than 350 points.

Read more: : Haris Anwar

Elsewhere, European equities have fluctuated around the flat line in mid-morning trade, oscillating between modest gains and losses as investors continue to digest Brexit developments and the fiscal crisis in Italy.

Previously, stocks in Asia had closed in a mixed way.

3. Speakers attracted by attention

A number of Fed speeches will attract market attention.

discuss the data and monetary policy dependence at the Clearing House and the Bank Policy Institute annual conference in New York. His comments are due at 8:30 am (1330GMT).

At 2:30 pm ET (7:30 pm GMT), three other Fed members are scheduled to participate in a panel discussion at the same event. and will cover a range of topics, including economics, regulation, financial innovation and the future of payments.

Their comments will be helpful to investors who have reduced their expectations regarding future rate hikes as a result of recent remarks by a number of Fed officials, interpreted as dovish.

On the data side, investors will have a key component of the economic climate data when the Conference Board releases its November update at 10:00 London time (15:00 GMT). The consensus forecast is 135.9, compared to 137.9 in October.

The latest report from S & P / Case-Shiller is also expected to be released in the morning.

The, which measures the strength of the greenback against a basket of six major currencies, edged up to 97.08, after peaking at 97.18 since November 15th.

In the bond market, US Treasury prices rose slightly, leading to a decline in yields across the curve, with the benchmark sliding to 3.06%.

4. Oil prices rise faster than expected in the API report

In the commodities sector, oil prices rose before the release of new weekly data on commercial crude stocks in the United States.

The American Petroleum Institute is expected to release its report for the week ended Nov. 23 at 4:30 pm (9:30 pm GMT), while waiting for a drop of about 0.6 million barrels. If this is confirmed, it would be the first drop in ten weeks.

US futures contracts rose 24 cents, or about 0.5%, to $ 51.87 per barrel.

At the same time, international futures rose 43 cents, or 0.7 percent, to $ 60.99 a barrel.

The contract briefly dropped below $ 60 overnight, under the impact of a record output in Saudi Arabia, even as the leading producer of OPEC insisted on a reduction in sales. Offers in anticipation of the group meeting in Austria next week.

5. Bitcoin slides that Crypto Selloff picks

Bitcoin posted a downward trend, returning to the lowest level in more than a year, as major digital currencies collapsed.

The most valuable digital currency in the world has fallen by around 6%. It fell to its lowest level since September 25, 2017 at $ 3,663.00 on Sunday.

The second largest cryptocurrency in the world by market capitalization was $ 0.35512, down about 8% for the day.

, the third largest piece, fell nearly 10% to $ 105.83, its lowest level since May 2017.

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