The Sanctions Are Back

Economic News
07 thg 8, 2018
The Sanctions Are Back

After negotiations between Kim Jong-un and Donald Trump, the conversations regarding the denuclearization of the Korean peninsula continue. However, now they are led by Mike Pompeo and all the criticism of the delays falls on him. For example, representatives of North Korea stated that it is not worth dwelling on the relations between the two Koreas and weaving into the process of lifting the sanctions a peace treaty between South and North Korea.

Furthermore, after lengthy negotiations on Iran's nuclear deal, the administration of Donald Trump still decided to restore sanctions on purchases of oil and other goods. Gold will also be under sanctions; there will also be a ban on the import of pistachios in the US. Despite the fact that the Iranian authorities are trying in every way to prevent the return of such sanctions, they are not going to abandon their nuclear program, as the head of the White House is certain. Therefore, from November a regime of more stringent sanctions on Iranian oil will be introduced.

At the current time the prices for the black gold are trading positively. However, this is more likely due to a small drawdown of the dollar, since almost all the commodities are traded at a profit at the moment.

SuperForex
Market Overview August 6

Economic News

Market Overview August 6

Trade war worries dominate the news once again.

SuperForex
06 thg 8, 2018
China Responds to Tariffs

Economic News

China Responds to Tariffs

SuperForex
06 thg 8, 2018
Bank of England in Control

Economic News

Bank of England in Control

The BoE is preparing for Brexit, but what about everyone else?

SuperForex
03 thg 8, 2018