Ahead of the Salzburg informal summit of EU leaders EU Brexit negotiator Barnier says: The 1.2984 was near a swing low on August 30, a swing high on September 5th. The price high on the run higher moved close to that area.
Closing changes for the main equity indexes Weekly changes: – UK FTSE 100 -2.1% – German DAX -3.3% – French CAC -3.0% – Spain IBEX -2.6% – Italy MIB +0.8% The German DAX is closing in on the lows of the year.
Hurricane season is in full swing Florence weakened from a Category 4 storm to back below hurricane status in the past day but it’s expected to intensify in the middle of next week.
All major indices lower on the day The major US stock indices are ending the session lower. The indices moved back lower toward the end of the day after Apple said that tariffs would impact some of their products. Next week Apple will release the new version of some of their products.
It was bound to happen if tariffs are put on all goods from China Apple is saying that the proposed tariff list covers a wide range of Apple products. Since Pres. Trump proposes tariffs on an additional $267b which pretty much means all goods imported from China, that would make sense.
Commitment of traders report for the week ending Sept 4, 2018.. – EUR long 8K vs 7K short last week. Position turns to long from short (15K change)
Down -$0.02 or -0.03% on the day. The price of crude oil fell -$0.02 or -0.03% at $67.75. The high for the day traded up to $68.08. The low reached $66.86.
More Trump on NAFTA One day we’ll get an answer. He also said Canada has taken advantage of the US for too long. rexLive
The USD is the strongest. The NZD is the weakest in the end of week snapshot Looking at the % changes of the major currencies vs each other, shows that the USD has eked out the JPY as the strongest currency of the week. The NZD is the weakest currency.
Another headline from Freeland It’s all getting a little bit repetitive. Tell us what we want to know. ForexLive