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American indices
US stocks fell on Friday, August 9, at the end of a week of worry over the trade war between the two countries and China.
The Dow Jones Industrial Average ended the session on Wall Street down 90.68 points, or 0.34%, to 26287.51 points, while the broader index of the S & P500 lost 19.44 points , or 0.66%, to close at 2918.65 points.
The Nasdaq composite index closed down 80.02 points, or 1%, to 7959.14 points.
The three indexes ended the week on losses with the Dow Jones down 0.75%, the Nasdaq 0.56% and the S & P500 0.46%.
European shares
European stocks fell on Friday, August 9, under the impulse of Italian equities in a context of political uncertainty in the country, while statements by US President Donald Trump, which ruled out a trade deal with China, have also damaged the public opinion.
The main Italian stock index closed down 2.5%, reaching its lowest level in two months after ruling party leader Matteo Salvini withdrew his support for the country's coalition government and called for new funding. elections.
The fiscal crisis in Italy and the prospect of extremely low rates for a long time have already weighed on banking stocks, whose index closed down 4.5%, falling to the lowest level since September 2016.
Italy's 10-year government bond yields will see the biggest weekly increase this year.
With declines of more than 1% in most other major indices, the European Stoxx600 closed the session down 0.8% after the tracks of global stock markets, recording a weekly decline of 1.74%, and the German Dax index fell 1.3%, registering a 1.5% drop in the week, The French CAC40 lost 1.1%, down 0.58%.
Losses on the London Stock Exchange, however, were held back by gains in the health sector and the rise in shares of the advertising company WBB after better than expected results in the second quarter. The FTSE100 index closed down 0.4%, closing the week on a loss of more than 2%.
Oil
The price of oil rose by more than 1 dollar a barrel on Friday (9 August), supported by a drop in European stocks and a reduction in production driven by OPEC despite the report of the IEA showing the lower level of demand growth since the 2008 financial crisis.
Brent's futures futures closed the session up $ 1.15, or 2%, to $ 58.53 a barrel, and futures contracts for West West Texas Intermediate have increased by US $ 1.96, or 3.7%, to $ 54.50 per barrel.
The International Energy Agency said global oil demand from January to May had risen at the slowest pace since 2008, due to growing signs of an economic slowdown and escalating trade war between the United States and China.
Oil prices were supported by data showing a slight decline in global crude oil and oil inventories in 16 European countries in July compared with the previous month.
But oil prices remain about 20% lower than their highest in the year in April.
Brent finished the week down more than 5%, while US crude dropped about 2% after markets were negatively affected this week by an unexpected rise in US crude oil inventories and the fear of slowing demand in the context of the growing trade war between Washington and Beijing.
Precious metals
The price of gold remained steady on Friday, August 9th, closing its best week in more than three years since it remained close to $ 1,500 an ounce, supported by the easing of Monetary policies of major central banks, rising trade tensions between the United States and negative yields of government bonds worldwide.
The spot gold price for the late trading session in the US market amounted to $ 1497.20 an ounce, down 0.2% after crossing the barrier higher. early this week at the US $ 1,500 barrier for the first time since April 2013, and US gold futures prices fell 0.1% to establish at $ 1508.50 an ounce .
The yellow metal finished the week on gains of more than 4%, the largest since April 2016, bringing its gains since the beginning of the year to about 17% with a $ 100 rise last week.
Among the other precious metals, silver rose 0.3% to $ 16.95 ounce, ending the week on gains of about 5%, platinum settled around $ 860 an ounce, while palladium rose 0.3% to $ 1,425.11 an ounce.
Coins
The pound continued to fall on Friday, its lowest level in more than two years after an unexpected contraction in the UK economy in the second quarter of the year, alarming already worried investors that Britain is leaving the European Union without agreement.
The Australian, who lost 3.7% against the US dollar since Boris Johnson became British Prime Minister at the end of July, dropped to $ 1.2056, its lowest level since January 2017 , closing at 1.2028 USD, a decrease of 0.87%.
Speaking of the euro, the single currency rose more than 0.8% against the dollar, to reach 1.11 billion dollars, registering an increase of more than 0.8% during the week.
In the Japanese yen, the safe haven currency gained 0.38% against the dollar, posting a return of 105.67 yen to the dollar and a weekly gain of 0.86%.
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