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06.05.201912:27 ফরেক্স বিশ্লেষণ এবং পর্যালোচনা: Trump shook the global markets, resisted only the dollar

Long-term review

Exchange Rates 06.05.2019 analysis

The Chinese yuan was marked by the largest fall in 10 months after US President Donald Trump threatened to raise tariffs on Chinese goods, while refuge currencies, such as the yen, are rising in price against the background of a widespread risky assets.

Exchange Rates 06.05.2019 analysis

Trump unexpectedly announced that this week, he will raise tariffs for Chinese goods by $ 200 billion and is ready to expand this list in the near future. This statement marked a major shift in the negotiation process. Considering that earlier, Trump positively assessed the progress in trade negotiations and highly appreciated his relations with Chinese President Xi Jinping. This statement took the markets by surprise. In a period of low market volatility for many assets and recent economic data indicating weak but steady growth in the global economy, this decision by the American president has shaken up the markets. This also began active sales of risky assets.

Exchange Rates 06.05.2019 analysis

Chinese currency fell by one percent, almost to its lowest level this year, about 6.80 yuan per dollar. The Mexican peso and Turkish lira lost more than a half percent. Currencies of countries that are closely related to the Chinese economy, such as the Australian and New Zealand dollars, were decreased by 0.3–0.5 percent. Rising tariffs bring bad news for risky assets. Trump has put at risk on the prospects for recovery in global growth. However, the dollar at the same time, feels more than confident and generally remained stable against a basket of major currencies. Investors weighed the prospect of a likely inflationary acceleration in the US economy, if Trump insists on raising tariffs on imported goods, which coincides with rising US interest rate expectations at the end of the year.

বিশ্লেষকদের পরামর্শসমূহের উপকারিতা এখনি গ্রহণ করুন
ট্রেডিং অ্যাকাউন্টে অর্থ জমা করুন
ট্রেডিং অ্যাকাউন্ট খুলুন

ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।

আরও দেখুন


ফরেক্স নিউজ
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    Finnish Industry Mood Worsens to 6-Month Low
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    South Korean Won Extends Fall
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    China 10-Year Yield Steadies as Beijing Vows Support
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    Australia 10-Year Yield Nears 3-Week Low
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    Shares in Hong Kong Drop Slightly to Begin the Week
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    Japanese Yen Slips on Dollar Strength
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    New Zealand Dollar Declines
  • 2025-04-28 10:19:42
    Offshore Yuan Dips on Stronger Dollar
    2025-04-28 10:19:42
    China Stocks Slip as Investors Await Stimulus Measures
    2025-04-28 10:19:42
    Singapore's Unemployment Rate Sees Slight Uptick in First Quarter 2025
    2025-04-28 10:19:42
    Brunei Trade Surplus Narrows Significantly
    2025-04-28 10:19:42
    Taiwan Consumer Confidence Falls to 1-Year Low
    2025-04-28 10:19:42
    Dollar Firms Ahead of Key Economic Reports
    2025-04-28 10:19:42
    IMF Suspends Credit Line to Colombia Amid Rising Deficits
    2025-04-28 10:19:42
    Gold Drops as US-China Trade Tensions Ease
    2025-04-28 10:19:42
    Brent Ticks Up on Hopes of Easing US-China Trade Tensions
    2025-04-28 10:19:42
    Oil Ticks Up on Hopes of Easing US-China Trade Tensions
  • 2025-04-28 10:19:42
    Austria's Manufacturing Sector Shows Slight Decline in PMI for April
    2025-04-28 10:19:42
    DAX Starts the Week Higher
    2025-04-28 10:19:42
    Spain Jobless Rate Rises More than Expected in Q1
    2025-04-28 10:19:42
    China Stocks Fall as Beijing Holds Back on Stimulus
    2025-04-28 10:19:42
    Spain Retail Sales Growth Remains Solid
    2025-04-28 10:19:42
    European Stocks Start Week on Positive Note
    2025-04-28 10:19:42
    Silver Slides Amid Easing US-China Trade Tensions
    2025-04-28 10:19:42
    Stability in Spanish Retail Sales: March 2025 Shows No Change in Growth Rate
    2025-04-28 10:19:42
    Spain's Unemployment Rate Climbs to 11.36% in First Quarter of 2025
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    China Vows More Support for Exporters Hit by U.S. Tariffs
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