G20 summit Archives - The Industry Spread

Perspectives on the Economy from Scranton

July 12, 2019

Consumer spending is robust, buoyed by the strong labor market and continued strong confidence in the economy and employment has expanded at a healthy pace.

Safe Haven Assets Lower, Equities Rally

July 1, 2019

Asian indices started on positive tone today as investors sentiment improved after the U.S. agreed to halt additional tariffs on China and to start again the negotiations. The Nikkei225 finished 2.13 percent higher at 21,729 the Shanghai Composite finished 2.22 percent higher to 3,044, while in Singapore, the FTSE Straits Times index finished 1.54 percent higher to 3,372. Australian equities ended stronger on Monday as ASX200 added 29 points or 0.4% to 6,648. 

Equities Mixed as Chinese Cues Dictate Directional Bias, US Futures Green on Rate Cut Hopes

June 14, 2019

Global equity market is seeing mixed price action in the global market today. Lack of progress in Sino-U.S. trade talks, increasing awareness that trade deal between two parties is unlikely in the upcoming g20 summit and headlines on massive street protests act as factors which provide the market with bearish cues. This has resulted in investor sentiment remaining divided in the global market. Further, the reduction in 2019 global crude oil demand growth forecast by OPEC also hurt risk appetite.

Market Fragmentation on G20 Agenda

April 17, 2019

FSB and IOSCO have launched an initiative to identify the sources of harmful market fragmentation as one of the priorities of Japan’s G20 presidency.

US – China Trade Truce boosts Risk Appetite

December 4, 2018

Major currencies are trending higher against the Dollar. 90 day trade truce between China and USA during the G20 meeting in Argentina has led the Asian Markets with strong positive gains.

EURUSD Rejected at 1.14

December 4, 2018

Equity markets positive on temporary truce between China & U.S.A as US Dollar gained positive momentum but US equities initiated a bearish rout in Asian equities as the 10-year treasury yield fell to 2 .96. IT-DE spread difference continues to fall indicating positive progress in budget negotiations.