Markets Recovered

Economic News
13 apr. 2018
Markets Recovered

After a long hard patch the markets are beginning to recover. Statements by Donald Trump and the President of China Xi Jinping had a calming effect on the financial markets. Thus, the heads of state have reduced the possibility of a trade war between the US and China. Donald Trump in his final statement said that perhaps "we do not have to levy tariffs" and "we believe them" [China], thus loosening the tension.

Prices for the Brent crude are close to the highs from December 2014 and at the moment are not going to fall.

The cryptocurrency market remains quite weak, but there is still interest in them, according to Soros and his manager. After this statement Bitcoin and other cryptocurrencies' rates strengthened. This also happened because it was recognized that trading cryptocurrencies is not contrary to Sharia law. Thus the cryptocurrency market has appreciated by an average of 10% in one day.

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Oil Prices at 3-Year Highs

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Oil Prices at 3-Year Highs

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Unrest in the Middle East

Economic News

Unrest in the Middle East

Conflict in Syria is seriously impacting the financial markets.

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China Is Ready to Open its Market

Economic News

China Is Ready to Open its Market

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