3 Dec 19 - Tariff Talk | Select Harvests Soars
Global markets retraced overnight after Donald Trump moved to re-introduce tariffs on steel and aluminium from Argentina and Brazil.
Global markets retraced overnight after Donald Trump moved to re-introduce tariffs on steel and aluminium from Argentina and Brazil.
Global markets were lower on Friday, to wrap up what was a strong month were equities, with markets around fresh all-time highs.
Global markets added to gains overnight as US market notched fresh record highs, as data pointed to a resilient US domestic economy.
The NZX 50 index once again moved above the 11,000 level, as the official MSCI New Zealand Index re-weightings drove more than half a billion dollars of activity in the market's busiest day for almost a year-and-a-half.
Global markets rallied overnight, as US stock indices hit new record highs with reports the US and China were nearing a trade truce sparking a rally in Apple and semiconductor stocks, with sentiment also buoyed by a raft of blockbuster deals.
Wall Street ended the week on a positive note, with optimistic comments from both Xi Jinping and Donald Trump on efforts to bridge their trade differences.
Tensions in HK continue to escalate, which saw Asian markets down significantly yesterday.
Global markets sold off overnight, as reports that the US and China are unlikely to reach a trade agreement this year saw markets extend losses.
Closer to home, the ASX rallied yesterday after minutes from the last Reserve Bank of Australia (RBA) meeting showed the RBA considered cutting the cash rate at its November meeting,
Global markets were mixed overnight as shares on Wall Street hovered around record levels after Washington’s move to grant an extension for US companies to do business with China’s Huawei helped ease some concerns around US-China trade relations.