Market News Today 2019-02-22
2019-2-22 11:37 | By : Mex Group News
- The U.S. dollar managed to climb higher on Thursday despite weaker-than-expected economic data, after the Federal Reserve’s January meeting minutes a day earlier failed to put another dovish damper on market sentiment.
- The Australian dollar AUDUSD was the worst performing major currency on Thursday, hitting a more-than-one-week low against its U.S. rival following reports that China's Dalian port authorities had banned Australian coal imports.
- The UK won't be able to roll over an EU trade deal with Japan in time for a no-deal Brexit, Trade Secretary Liam Fox has said.
- China is proposing that it could buy an additional $30 billion a year of U.S. agricultural products including soybeans, corn and wheat as part of a possible trade deal being negotiated by the two countries, according to people with knowledge of the plan.
- Venezuelan President Nicolás Maduro has announced he is closing the border with Brazil on Thursday night as a row over foreign humanitarian aid continues.
- Gold prices dropped back from a 10-month high on Thursday, suffering from their largest one-day decline since August.
- Oil finished lower Thursday after a U.S. government report revealed that domestic supplies climbed for a fifth straight week as production jumped to a record level.
- The Dow ended its three-day winning streak Thursday as downbeat economic data raised concerns about the strength of the U.S. economy, while U.S.-China trade talks remained in the spotlight.