Turkish Lira Worse
Foreign-currency deposits are driving Turkey’s lira worse and moreover day by day Turkish lira debt increasing and it tends to weaken worse. Turkish Lira Trading at 1.6270. Experts concerns over U.S.-China trade talks, however, the lira fails to regain its strength.
Trade war brings more cautions about global investors. The first week of May, Trump administration will increase tariffs on $200 billion in Chinese goods to 25% and now Trump said during a campaign rally that China “Broke the Deal”. The U.S has officially filed paperwork to raise duties on the Chinese products to 25% from 10%
Learn about Trade War Bluff
TheEuropean stocks traded lower on Thursday, as trade tensions between the U.S. and China catching up.
The Brexit War: British Prime Minister Theresa resignation not confirmed so far, the opposite party calls for resignation and Prime minister May said has no plans to step down before getting Brexit deal passed.
Brexit War the U.S and China What is it ?
Crude Oil Demand: Crude oil trading at 61.00 due to Iranian President Hassan Rouhani announced his country will end compliance with two conditions of its nuclear deal if Europe did not step in to protect it from the U.S. If Iran creates demand then more chance to trade at 70 to 75 nearly.
Gold demands further rise as global tension gives an opportunity for investors to choose GOLD. Gold trading at 1286 testing the resistant level 1292. Experts suggest Gold have more possibility to touch 1350 to 1365 if the global market stumble.