NAFTA May Be Revised This Week

Economic News
30 aug. 2018
NAFTA May Be Revised This Week

Against the backdrop of early statements by Donald Trump and the revision of NAFTA, the Canadian dollar began to strengthen. The head of the White House also said that the countries can reach an agreement this week and that the negotiations are proceeding successfully. The Prime Minister of Canada Justin Trudeau also expressed the opinion that negotiations could be completed this week, but specifying that Canada will not sacrifice its own interests in this transaction.

Against the background of the growth of shares of technology companies, US stock indices again updated historical highs and the S&P 500 demonstrated growth for the fourth day in a row. The US dollar, on the contrary, has weakened its positions.

After yesterday's publication on crude oil stocks in the US, energy prices rose sharply. Thus, at the moment the price for Brent crude oil has approached two-month highs and exceeded $78 per barrel, while the WTI rose above the psychological mark of $70 per barrel.

SuperForex
Weak USD Amid Market Calm

Economic News

Weak USD Amid Market Calm

Gradually replacing NAFTA is calming the financial markets.

SuperForex
30 aug. 2018
Oil Prices Decreasing Again

Economic News

Oil Prices Decreasing Again

Increasing supply is pushing oil prices down.

SuperForex
29 aug. 2018
Ups and Downs

Economic News

Ups and Downs

SuperForex
29 aug. 2018