Market News Today 2019-02-18
2019-2-18 11:48 | By : Mex Group News
- The U.S. dollar lost its strength in late Friday trading amid President Donald Trump’s signing of a spending bill that will avoid a renewed partial government shutdown and his declaration of a national emergency on border security.
- Spain's Prime Minister Pedro Sánchez has called a snap general election for 28 April, after Catalan nationalist MPs withdrew support for the Socialist government's budget.
- North Korean leader Kim Jong Un was ready to accept the dismantlement and inspection of a high-profile nuclear plant, a South Korean presidential adviser said, suggesting a possible point of compromise in upcoming talks with President Donald Trump.
- Gold marked the highest finish in two weeks Friday, as progress in trade talks in the final day of this week's round of U.S.-China trade negotiations was seen as bullish for the yellow metal.
- President Donald Trump hailed progress made in trade talks with China this week, saying he may extend a tariff truce and take steps to sell a potential deal with opposition lawmakers.
- Federal Reserve officials will probably change the framework they use to achieve their inflation target in a bid to stabilize U.S. inflation expectations, former New York Fed President William Dudley said.
- Trade talks in Beijing, outage at the biggest Saudi oilfield and commodities merchant Trafigura's apparent decision to halt trading in Venezuelan crude are all combining to create the largest weekly gain for oil this year.
- The Dow wrapped up the week in strong form Friday, notching an eighth-straight week of gains as optimism that the U.S. and China were closing in on a trade deal triggered a sea of green across Wall Street.