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Market News Today 2019-02-13

2019-2-13 10:43 | By : Mex Group News

  • The U.S. dollar spent Tuesday’s session in negative territory, snapping an eight-day winning streak as investors turned their attention to details in the U.S.-China trade spat.
  • Trading in major pairs like the euro and British pound was calm on Tuesday, while the dollar gained against traditional safe haven currencies like the Japanese yen and Swiss franc.
  • US President Donald Trump has said that a second government shutdown is unlikely after lawmakers agreed to a deal to fund the federal government.
  • Venezuela's embattled President Nicolás Maduro has called Donald Trump's government a "gang of extremists" and blamed the US for his country's crisis. Theresa May has promised MPs a final, decisive vote on her Brexit deal with the EU - but not until she has secured changes to the Irish backstop clause.
  • Oil climbed Tuesday to mark the highest finish in almost a week, after a closely followed monthly OPEC report showed that members of the cartel substantially reduced production in January.
  • Wall Street rose sharply on Tuesday amid optimism that a partial government shutdown will be averted, despite President Donald Trump expressing disappointment in the deal.
  • Gold prices rose on Tuesday for only the second time in eight sessions after Fed Chairman Jerome Powell said in a speech in Mississippi that many rural areas have not benefited from U.S. national prosperity.

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