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Tech crises save shares shaky, dollar gets GDP boost

Tech crises save shares shaky, $ gets GDP boost. As it stated in traders work on the floor of the NY Stock interchange (NYSE) in fresh York, U.S., March 26, 2018. The rout in stocks came after technology woes had given the NASDAQ its worse day ever June 2016 on Tuesday.
Since hitting a record on Jan. 26, world stocks have been battered with worries about high inflation, the pace of unite states interest average hikes & the potential of a universal trade war. The 47-country MSCI universal index .MIWD00000PUS Information Systems drop further than eight % from its high. The $ index .DXY rose 0.46 percent, & the ¥ weakened 0.81 % against the greenback at 106.22 per dollar.

Tech crises save shares shaky, $ gets GDP boost

Traders work on the floor of the NY Stock interchange (NYSE) in fresh York, U.S., March 26, 2018.
The rout in stocks came after technology woes had given the Nasdaq its worse day ever June 2016 on Tuesday.
Since hitting a record on Jan. 26, world stocks have been battered with worries about high inflation, the pace of unite states interest average hikes & the potential of a universal trade war. The 47-country MSCI universal index .MIWD00000PUS Information Systems drop further than eight % from its high. The $ index .DXY rose 0.46 percent, & the ¥ weakened 0.81 % against the greenback at 106.22 per dollar.

Tech crises
Tech crises

 

GLOBAL MARKETS-Tech crises save shares shaky, $ gets GDP boost

As informed in The rout in stocks came after the technology woes had given the Nasdaq its worse day ever June 2016 on Tuesday.
Losses were expanded after China’s state-run universal Times announced which Beijing would recently declare a list of retaliatory tariffs on U.S. imports. Since hitting a record on Jan. 26, world stocks have been battered with worries about high inflation, the pace of U.S. interest average hikes & the potential of a universal trade war. So eventually, they are likely to avoid a trade war & strike a bargain which going to please (U.S. President Donald) Donald Trump & promote trade,” told Hiroshi Watanabe, economist at Sony Financial Holdings.
“There’s a public rotation from risky assets towards secure haven assets … with weakened equities & trade war tensions in the public backdrop,” told ING averages strategist Benjamin Schroeder.

 

 

collected by :Tod Hinery

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