The news of another governmental shutdown are looming over the heads of American and the local lawmakers are doing everything in order to escape it. With this, equity futures for the greenback grew and the greenback itself stood still so that the investors could see the situation for what it is.
General decline in the world markets the we saw yesterday is extending itself as the trading week comes to an end. We are looking at absolutely no reversal – all of the yesterday’s losers are losing today as well.
Rally in assets took a little slow-down today as China came back to the markets after a long holiday last week. And even thought the rise was expected, we see that the numbers are mostly mixed in the region as traders begin to doubt the success of US-Chinese trade talks. After all Donald Trump did refuse to meet Xi Jinping before the final deadline, which is at the end of this month.
The performance we see in the markets today is either flat or losing. We primarily see the prices for the assets dropping as American tech and social stocks, Asian markets, oil and precious metals are in the red zone today.