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African and International Market Report from September 16 to September 20 2019
African and International Market Report from September 16 to September 20 2019
Posted

By - Jamel Lahiani

Posted - 23-09-2019

Last week, The US stocks falls explained by Chinese officials cancelled a visit to American farms, reigniting concerns over trade. So, the worries take over and leaded to a falls in the others stocks markets. The crude oil WTI price increases that given a support for the appreciation of the US dollar against other currencies.

MARKET IN FOCUS THIS WEEK

  • NZD: Trade balance, released by Statistics New Zealand, is the difference between the value of
    country’s exports and imports, over a period of year.
  • USD: The Goods Trade Balance released by the US Bureau of Economic Analysis and the U.S. Census
    Bureau is the difference in value between imported and exported goods during a certain month.
  • JPY: The Tokyo Consumer Price Index released by the Statistics Bureau is a measure of price
    movements obtained by comparison of the retail prices of a representative shopping basket of goods
    and services, excluding fresh food.

Foreign Equities

Last week, The US stocks falls: the Dow Jones (US) records -1,05% and the NASDAQ records -0,72% explained by Chinese officials cancelled a visit to American farms, reigniting concerns over trade. So, the worries take over and lead to a fall in the stock markets.

Commodities

Last week, the petrol WTI price increases by 6,02% to reaches 58,1$. The Gold and Silver increases respectively by 0,87% and 2,27%. On the opposite side, the Zinc and copper prices have a negative variation by respectively -3.02% and -3.01%.

Currencies

Last week, the US dollar price was appreciated face to the South Africa ZAR, the Australian dollar, the British Pound and the Euro with a percent variation respectively of 1.7%, 0.49%, 0.32% and 2.35%. This appreciation of the US dollar is explained by the increase of crude oil WTI price to 58,1$ with a percent variation of 6,02%.

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