Global Financial Markets Trends: EU and Japan Sign Trade Cooperation Agreement



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J. Mr Powell made it clear in the middle of the year that the Fed would steadily raise interest rates in the near term, but next year the tightening of monetary policy may not be possible in the near future. a pace as fast as expected. Currently, the tightening of the Fed's monetary policy is being implemented to counterbalance the US government's tax cuts, which promote growth, but in the near future, the Fed will also have to badess the negative effects of the war. commercial on the country's economy. At the June meeting, the US Central Bank predicted that in 2019, at the end of the year, the country's benchmark interest rate, which currently stands at 2.0 %, is expected to reach 3.1%. By 2020 the end of the year to grow by 3.4%. the level of Previously, some fear that rising interest rates will lead to an upward revision of the interest rate, which would make short-term credit costs more expensive than long-term situations, most of which were previously in front of the main markets. collapse Fears of a possible reduction in the tightening of monetary policy have favored the growth of cyclical corporate values: the IT sector in the United States grew by + 0.8%, the consumer of goods and consumer services of + 0.78% and industry + 0.38%. Meanwhile, the dominant position of sellers was received by the defensive positions of telecommunications (-0.36%) and real estate (-0.63%). US 10-year bond yields this morning at 19:53 The third session saw moderate growth and was 2.8655%. level, and 8 sessions growing at 1 m. US bond yields rose today to 2.4049 in the morning. The difference between the two debt securities this morning was the lowest since 2008. March

Anxiety about the formation of the bubble yesterday was based on Netflix Inc., where Monday, after the trading session, a sixth loss in value of the stock lost its share during the trading session during the trading session, but still both recorded 5.24%. autumn More than twice since 2017 Earlier this week, the stock price fell after the online TV company announced that the circle of customers of the company has increased by 5.2 million in the last quarter. pcs., but that was 1 mln. less than predicted by badysts. Nevertheless, the company managed to generate sales forecasts, which increased by 40% last year compared to the same period last year. and not marketed, 7% expectations exceeding profit, which exceeded earnings realized 4.6 times more than a year ago. Observers warn that the company is still underestimated and should restore investor confidence in the third quarter, to justify the last football championship last quarter.

The European Union and Japan yesterday signed a trade protectionist trade agreement. The agreement is expected to simplify regulation between Japan and the EU by improving the competitive opportunities of Japanese car exporters and European farmers among these two regions. The agreement, whose details have been coordinated for 5 years, has been definitively confirmed less than a week after US President Truman sacked one of America's biggest enemies. # 39; EU. Yesterday, the EU is currently seeking a similar deal with China, while Japan is negotiating with India and other Asian countries to establish an Asia-Pacific economic partnership bloc, which will become the most great union of the world. Japanese NIKKEI 225 today morning 20:22 rose + 0.68%, China's CSI 300 + 0.39%, while the South Korean KOSPI moderated -0.04%.

Currency Market

J. The announcement of Powell yesterday raised by half the appreciation of the US dollar against the basket, and a similar growth trend continued in the morning. The EUR / USD rate yesterday dropped by -0.43% today at 08:30. decreased by 0.21% to 1.1637, while the USD / JPY rate rose + 0.13% this morning. at the level of 113.03

The Baltic stock market

The Baltic stock market rose to nearly 847 thousand yesterday. Eur. Turnover The Vilnius index rose + 0.02%, to Riga + 0.95%, while in Tallinn + 0.6%. More than a third of the turnover was generated in the position of "Tallinna Sadam", where the stock price rose yesterday by + 0.26%. Until 1.9802 Eur.

An energy distribution operator (0.00%, 0.86 Eur) yesterday announced a 10-year approved investment plan, according to which in 2018-2027, During the 39, year 2010, it is planned to allocate 2.1 billion Eur, which would be oriented in the following directions: development of a reliable and climate resilient network, its remote control and intelligent.

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