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© Reuters.
Investing.com – Here we have the top five issues to resolve in the morning of Tuesday, November 27th in financial markets.
1. Trump raises the risk of a trade dispute between the United States and China
Market confidence has been shaken after US President Donald Trump announced that he would raise tariffs of $ 200 billion on products imported from China to 25%, up from 10% currently.
In an interview with The Wall Street Journal, Trump said that it was "very unlikely" to accept the offer of Chinese President Xi Jinping to avoid the new tariffs that will come into effect on January 1st.
Trump added that if negotiations between the two countries did not succeed, he would also impose tariffs on the rest of China's imports.
The president's remarks come before the meeting between Trump and his Chinese counterpart Xi Jinping at the G20 summit to be held later this week in Argentina.
2. US futures point to an opening down
US equity futures herald a downward opening, as Washington 's new threat of imposing tariffs on more imports from China seems to weigh in the hope of further tightening. a truce between the two largest economies in the world.
At 11:35 (CET), they drop 25 points or about 0.1%, those down 4 points or about 0.2% and those 25 points or just 0., 4%.
Movements before the opening take place after Wall Street closed the day Monday on the rise, closing the day with an increase of more than 350 points.
3. Fed spokespersons monopolize attention
A series of appearances of the Fed will attract the attention of the market.
He will talk about data dependence and monetary policy at Clearing House and the Bank's annual Policy Institute conference in New York. Your statements will take place at 14:30.
At 8:30 pm (CET), three members of the Fed will participate in a round table in the same act. The,, and, will discuss a range of issues including the economy, regulation, financial innovation and the future of payments.
These statements will be useful to investors who have lost confidence in future interest rate hikes following recent statements by a number of Fed members, who have been interpreted as being too cautious.
He, who tracks the evolution of this currency against a basket of six other major currencies, increases slightly to 97.08 after hitting a cap at 97.18 in one day, its highest level since Nov. 15. .
4. Oil prices rise pending the report of the IPA
On the commodity front, oil prices are rising, pending the release of new weekly data on crude oil trade reserves in the United States.
The American Petroleum Institute will release its report for the week ending Nov. 23 at 10:30 pm (Paris time), and all indicates a decrease in oil reserves of about 0.6 million barrels. If this is confirmed, it would be the first weekly decline in the country's oil reserves over the last 10 weeks.
They are hovering around 0.5% or 24 cents at $ 51.87 a barrel.
In contrast, the global benchmark indicates a rise of 0.7% or 43 cents to settle at $ 60.99 a barrel.
5. Bitcoin decreases as cryptocurrency sales resume
Bitcoin has resumed its downward trend, returning to its lowest level in more than a year, while the rest of the major digital currencies record new lows.
The world's highest-valued digital currency is about 6% on the Bitfinex stock market, after reaching its lowest level since September 25, 2017 at $ 3,663.00 on Sunday.
At the same time, the second largest market-capitalized cryptocurrency amounted to $ 0.3512, or 8%, intraday.
Meanwhile, the third cryptocurrency tumbled 10% to $ 105.83, its lowest level since May 2017.
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