News agency Bloomberg told on Fridaythat China is planning to abandon 125 % of the United States, at least for certain products. According to Bloomberg sources, these would be medical products and industrial chemicals.
Reuters tellsthat China has asked companies for help with the indetitification of critical products. China’s decision is the result of a hint of US President Donald Trump’s administration that duties could possibly be facilitated.
The dollar was confirmed after the news and the market is wondering if the trade war would be relieved.
In March, retail sales in the United Kingdom increased against anticipation and decline in consumer confidence as a result of the trade war. In March, retail sales increased by 0.4 per cent from the previous month. In February, the growth was 0.7 %. Economist consensus expected a decline in retail sales by 0.3 %.
Although the situation was now better than expected, CNBCAccording to an economist interviewed by her, the positive development of retail can be short -lived. Customs fees and declining consumer confidence are causing uncertainty.
Yesterday on Thursday, faith in the future was created by the German IFO index, which was confirmed in April in violation of the consensus. The index measures the economic mood of German companies in terms of current environment and future expectations. The IFO index rose to 86.9 points, while the consensus waited for 85.2 points.
“Although the long -term average and the pre -pandemic level are still far away, confidence may have been confirmed at least by the calm of the domestic political situation and planned for extensive public sector investments,” Nordea The morning review tells you.
“As a counterbalance to corporate growth, the index and the uncertainty it causes the index. The strengthening of the index depicting the current situation and the deterioration of future prospects may also indicate the duties of business anticipation, and the German economy is still weak.
At the time of the review, the interest rate on the US ten -year government loan was 4.282 % decreased by 3.3 interest rates. The interest rate on the US two -year government loan was 0.6 on a decline in 3.791 %.
The interest rate on the German ten -year government loan was 1.7 at a rate of 2.462 %. The interest rate on a two -year state loan was 1.705 % at an increase of 2.7 interest rates.
The Russian Central Bank kept the control interest at 21 % at Friday’s meeting. The decision was in line with expectations.
Wall Street is expected to open up. At the time of the review, the S&P 500 index futures was 0.3 % decline, the Dow Jones futures by 0.5 % and the NASDAQ futures at 0.4 %.
The price of gold was over a percentage.
Japan’s Jeni and Svets franc weakened as the dollar risen as investors’ need for non-eccentric safety ports decreased.
At 2:56 pm one euro received $ 1.13, $ 162.71 yen, £ 0.85 and € 11.00 Swedish. The dollar got 143.38 yen and the pound got $ 1.33.