Dow Jones returns with investors ready for commercial talks between the United States of China
- Dow Jones 1 shed00 On Friday, it fell to 41,250.
- Investors are preparing for geopolitical tensions as it heads the United States and China for primary commercial talks.
- Even a social media publication from President Trump, who is considering a 80 % tariff can enhance morale.
Dow Jones (DJIA) followed the broader market on Friday, as it decreased to 41,250 with investors investing to spend a tense weekend. the US (The United States) China is heading to the opening of trade talks in Switzerland this weekend, but policy makers from both departments warned that the talks would be completely primary. Chinese delegates specifically warned that a final deal may be months away.
US President Donald Trump struck social media on Friday, as he publicly contemplated a possible participation of customs tariffs on Chinese goods, which are currently standing 145 %. Donald Trump put forward the idea of reducing Chinese definitions to 80 %. A 80 % tariff on Chinese goods cannot be distinguished from 145 %, as both levels are so high that they represent a prohibition on cheap trade, on which the entire American economy depends on.
The Federal Reserve is still scarying price adjustments
the Federal Reserve (Fed) hit the tone of waiting and firm vision this week, after attention Rates Fixed in May. A large number of policy makers in the Federal Reserve presented a public appearance on Friday, but they made great efforts to avoid directly about monetary policy. It seems that the Federal Reserve is scheduled to continue to ignore its shoulders in the uncertainty of the non -balance commercial policy, which makes it impossible to accurately predict economic results, leaving the Federal Reserve based on data planted firmly on the margin.
According to the Fedwatch tool for the CME, price traders still listen to better possibilities than forcing the federal reserve to provide a quarter -point rate reduction in July, but the bets were bleeding about another decade. In the current reduction, price markets are 40 % pricing of the Federal Reserve’s failure to reduce in July as well, as the possibilities were 20 % to 30 % floating earlier this week.
Dow Jones price expectations
Dow Jones is preparing for the extended supportive flammation after he was immersed in the upscale round of 200 days (EMA) near 41,600 this week. The price of the price is reduced from the main moving average, but technical support is priced in the near -term EMA for 50 days near 41,150.
Although the dark technical clouds collect public expenditures, the momentum still stands strongly in the hands of the offers. Dow Jones recovered more than 12.5 % of April’s decrease less than 37,000, and bids continued to grind higher with market morale.
Dow Jones Daily Plan
Economic indicator
Consumer Prices Index (YOY)
Ability tendencies or contraction are measured by collecting a basket of commodities and representative services and providing data such as Consumer Prices Index (CPI). CPI data is assembled on a monthly basis and released before American Ministry of Labor Statistics. YOY reading the prices of goods in the reference month to the same month in the previous year. The consumer price index is a major indication of measuring inflation and changes in purchase trends. In general, high reading is seen as a bullish state of the US dollar (USD), while low reading is seen as declining.
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