Gmo Trading

From the very beginning of his presidency, Trump complained about the strength of the dollar and that the main US trading partners are "robbing" Americans, gaining competitive advantages through artificially weakening their currencies. These accusations were made against Japan, and against Germany, and especially against China. Since the beginning of the tariff war with China, Trump has been relentlessly increasing criticism of the Fed, scaring the market with a currency war. By the way, while there is a tariff war with China, the US trade deficit with China is growing. China's response is effectively reducing US imports to China, but Trump's tariffs, as practice shows, can't effectively block Chinese imports to the United States. Chinese goods remain competitive in any event. Moreover, Chinese manufacturers bypass tariff barriers through third countries. This situation gave rise to the expectation of an aggressive Fed rate cut to weaken the dollar. Whe...

On Tuesday, July 23, US stocks indexes demonstrated increasing vector. Apple shares gained by 2.3% to $ 207.22, which had the best dynamic among the Dow Jones Industrial Average components, due to an improvement in the target stock price by Morgan Stanley analyst Katie Huberty from $ 231 to $ 247. This week, reports for the past quarter is going to release about 140 companies included in the Standard & Poor's 500 indexes, as well as a third of the Dow Jones companies. Among the companies of the S & P 500, which already informed about the second quarter, 79% outmatched market predictions concerning profits per share, and 63% in terms of revenues, according to RBC Capital Markets. CFRA Senior Investment Strategist Sam Stovol commented: "Investor optimism is maintained by better than assumed reporting by companies for the second quarter, as well as expectations of descent in the Federal Reserve (Fed) at the end of the month". Traders stay on...

Most of the Asian stock indices rose on Monday to news of a truce between China and the United States The United States has postponed the imposition of sanctions on Chinese imports by $ 325 billion, China has promised to increase purchases of food in the United States, and the Chinese corporation Huawei has been able to partially purchase components from American suppliers. Countries have not yet resolved the main differences. Among them is the protection of intellectual property. Against the background of positive news, indices went up. The Chinese Shanghai Composite added 1.88%, the Japanese Nikkei 225 up 1.95%. The most significant growth was in the technology sector companies. After the G20 summit, the next event that will affect the stock exchange will be the two-day OPEC conference in Vienna, which will take place today. The key issue of the meeting will be an agreement of exporting countries on restrictions on the extraction of raw materials. In the case ...

Analytical office Newzoo once again calculated how much money the video game manufacturers will earn this year and in the near future. When creating the forecast, they interviewed more than 60 thousand specially invited respondents. They represent 30 countries, which account for 90% of all industry revenues. Already traditionally, analysts expect growth in all respects from entertainment for mobile gadgets. Games for them should make almost $ 70 billion - 45% of total revenues, and the share of smartphones will be 80%, the rest - tablets. But from the PC platform, researchers expect a drop of 15% to $ 32 billion. At the same time, the consoles should add a slightly lower figure - 13.5% to $ 47 billion. In many countries, there is a slowdown in sales of the Xbox One and the PlayStation 4. Only the relatively recent Nintendo Switch saves the day from an even worse fall. Newzoo is also expecting the US to return to the place of the largest video game market for the first...

US chip makers Qualcomm, Intel and Xilinx are lobbying for the US Department of Commerce to relax the ban on working with the Chinese company Huawei. Reported by Reuters. Three of these companies were directly affected by the blacklisting of Huawei in the United States, since they supplied microchips to the electronics manufacturer. The Commerce Department announced the decision to blacklist Huawei in mid-May. This meant that working with a Chinese corporation and several dozen associated legal entities of a US company can only with the express permission of the US government. Such a move in Washington was explained by the fact that working with Huawei is a threat to the national interests of the country and its security. In 2018, Huawei purchased parts for $70 billion from partners. Of these, $11 billion relates to purchases from American companies, including chip manufacturers. Shares of chip manufacturers began to decline in April-May, when the US government on...

The KBW Nasdaq Bank index in May fell by 7.5%, while the S&P500 index fell by only 5.5%. This dynamic shows: over the past month, the shares of large American banks have fallen more than the market as a whole. Paper Wells Fargo in May fell by 6.1%, JPMorgan Chase and Bank of America lost 6.7% and 9.3% respectively. Some analysts see the reason for the decline in stock prices of banks in a sharp drop in government bond yields. The fact is that in recent days, the yield on ten-year US Treasury bonds has dropped to its lowest level since September 2017. Falling interest rates reduce the difference between what banks take from borrowers and what they pay to depositors. This difference is the net interest margin. Its reduction reduces the income of banks. Instability in the stock market can be beneficial to banks because it stimulates stock trading. And this leads to an increase in bank income. Activity on the stock market has declined in the past few weeks. According to...

US President Donald Trump called on the British authorities not to pay compensation to Brussels in the amount of 39 billion pounds (about 50 billion dollars) for failure to fulfill obligations to the EU in connection with leaving the Union. "If I were them, then I would not pay 50 billion dollars. So I would. I would not pay, this is a huge amount," - said the American leader in an interview to The Sunday Times. He confirmed that he proposed that the British Prime Minister Teresa May sue the EU in order to have more leverage on Brussels. According to him, the UK will be "very difficult to achieve a good deal when they enter into negotiations in this way." Trump suggested that London follow the path of exit from the EU without an agreement if the community authorities refuse to provide the British side with what it seeks. Also, the US president promised to exert maximum efforts to conclude a free trade deal with the UK within a few months after Brex...

Google has suspended the provision of services and technical support for Chinese Huawei. The reason was the decision of the United States to add Huawei to the list of companies for which deliveries from the United States can be made only on the basis of special licenses. Huawei, which is the world's second largest smartphone maker, uses Google’s Android operating system. Last year, the Chinese company delivered 200 million smartphones to the market. Android is publicly available software, but Huawei will no longer be able to receive the various services provided by Google’s partners themselves. In the production of equipment, Huawei is also widely used by American semiconductors manufactured by Qualcomm, Intel and Broadcom. The total volume of purchases by the Chinese company of components in the USA is $ 11billion. However, it was the shares of American companies that went down. Alphabet (Google owner) lost 1.3% in price. Broadcom - 2,5%; Intel - 2.96; Qualcomm...

US President Donald Trump declared a state of emergency in the country to protect computer networks from "foreign opponents." He signed an order that effectively prohibits US companies from using foreign telecommunications, which are believed to pose a threat to national security. According to the White House, Trump's order is aimed at "protecting America from foreign opponents, who are increasingly creating and exploiting vulnerabilities in information and communication technology infrastructure and services." Not a single company is listed but is believed to be aimed at Huawei. The Chinese technology giant has said that restricting its US business will only harm American consumers and companies. Several countries led by the United States in recent months have expressed concern that Huawei products may be used by China for surveillance. A separate decision by the US Department of Commerce has added Huawei to its "blacklist" -...

Major US stock indexes responded by falling to the decision of the Chinese authorities to increase duties on several thousand types of goods imported from the United States. After the opening of trading on May 13, the value of the Dow Jones Industrial Average (DJIA), S & P 500 and NASDAQ Composite indices fell by more than 2%. At the peak of the fall, the value of the DJIA index fell below 25,400 points, which was the lowest value since mid-March 2019. Compared with the previous closing DJIA lost more than 500 points. At the same time, all 30 companies taken into account when calculating the index were in the red zone. The S & P 500 and NASDAQ Composite indices also showed a strong decline, while the NASDAQ value fell by more than 3%, which, according to MarketWatch, was the worst figure since December 21, 2018. Prior to the opening of trading on the US exchanges, the Ministry of Finance of the People's Republic of China announced the introduction of higher ...