{"id":169039,"date":"2020-04-20T07:24:14","date_gmt":"2020-04-20T11:24:14","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=169039"},"modified":"2020-04-20T07:24:14","modified_gmt":"2020-04-20T11:24:14","slug":"markets-mixed-while-us-suspends-tariffs-for-some-imports","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/04\/markets-mixed-while-us-suspends-tariffs-for-some-imports\/","title":{"rendered":"Markets mixed while US suspends tariffs for some imports"},"content":{"rendered":"<div id=\"inves-3796075038\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 20, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n<div class=\"row bootstrap-row mb-50\">\n<div class=\"col col-md-6\">\n<h2>Top daily news<\/h2>\n<div class=\"for-height\">Global equity indexes are mixed today as investors ponder the plans for the reopening of economies all over the world. Markets ended solidly higher on Friday with investors\u2019 confidence boosted by a late Thursday report US patients taking Gilead Sciences experimental drug showed signs of \u201crapid recoveries.\u201d<\/div>\n<\/div>\n<\/div>\n<div id=\"forex-news\" class=\"mb-50\">\n<h2 class=\"mb-30\">Forex news<\/h2>\n<div class=\"row bootstrap-row\">\n<div class=\"col-12 col-md-4 mb-20 mb-sm-0\">\n<table class=\"table table-striped market-overview-table\">\n<tbody>\n<tr>\n<td class=\"font-weight-bold\">Currency Pair<\/td>\n<td class=\"font-weight-bold\">Change<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">EUR USD<\/td>\n<td class=\"red font-400\">-0.13%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">GBP USD<\/td>\n<td class=\"green font-400\">+0.59%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">USD JPY<\/td>\n<td class=\"green font-400\">+0.30%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">AUD USD<\/td>\n<td class=\"red font-400\">-0.71%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"col for-height\">The dollar resumed strengthening after reversal Friday as the Index of Leading Economic Indicators showed a record 6.7% drop in March. The ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, slipped 0.1 Friday but is higher currently. The EUR\/USD and GBP\/USD reversed retreating yesterday but are lower currently, while USD\/JPY turned higher with AUD\/USD little changed.<\/div>\n<\/div>\n<\/div>\n<div id=\"stock-market-news\" class=\"mb-50\">\n<h2 class=\"mb-30\">Stock Market news<\/h2>\n<div class=\"row bootstrap-row\">\n<div class=\"col-12 col-md-4 mb-20 mb-sm-0\">\n<table class=\"table table-striped market-overview-table\">\n<tbody>\n<tr>\n<td class=\"font-weight-bold\">Indices<\/td>\n<td class=\"font-weight-bold\">Change<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">Dow Jones Index<\/td>\n<td class=\"red font-400\">-0.08%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">Nikkei Index<\/td>\n<td class=\"red font-400\">-0.35%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">Hang Seng Index<\/td>\n<td class=\"red font-400\">-0.39%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">US Dollar Index<\/td>\n<td class=\"green font-400\">+0.15%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"col for-height\">Futures on three main US stock indexes are down currently as US suspended tariffs for some imports affected by pandemic but not goods from China. President Trump said on Sunday Democrats and Republicans are near agreement on extra money to help small businesses. Companies including Netflix, Coca Cola, AT&amp;T and IBM will report earnings today. Stock indexes in US and Europe rebounded on Friday. The three main US stock indexes recorded gains ranging from 1.4% to 3.0%. European stock indexes are lower currently. Germany signaled more aid for businesses and workers overnight after it announced plan to reopen its economy on Friday. UK government meanwhile unveiled $1.6 billion rescue package for tech start-ups hit by coronavirus outbreak as it extended by a month until the end of June the furlough scheme for workers. Asian indexes are mixed today: Nikkei fell on report Japan&#8217;s exports fell more than expected in March.<\/div>\n<\/div>\n<\/div>\n<div id=\"commodity-market-news\" class=\"mb-50\">\n<h2 class=\"mb-30\">Commodity Market news<\/h2>\n<div class=\"row bootstrap-row\">\n<div class=\"col-12 col-md-4 mb-20 mb-sm-0\">\n<table class=\"table table-striped market-overview-table\">\n<tbody>\n<tr>\n<td class=\"font-weight-bold\">Commodities<\/td>\n<td class=\"font-weight-bold\">Change<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">WTI Crude<\/td>\n<td class=\"red font-400\">-4.91%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">Brent Crude Oil<\/td>\n<td class=\"red font-400\">-2.01%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"col for-height\">Brent is falling today as continuing shutdowns all over the world negatively impact global crude oil demand. US oil prices plunged Friday on reports oil storage in the US was filling up and oil flows were routing back into the Cushing, Oklahoma hubs. June Brent however added 0.9% to $28.08 on Friday, recording 10.8% drop for the week.<\/div>\n<\/div>\n<\/div>\n<div id=\"gold-market-news\" class=\"mb-50\">\n<h2 class=\"mb-30\">Gold Market News<\/h2>\n<div class=\"row bootstrap-row\">\n<div class=\"col-12 col-md-4 mb-20 mb-sm-0\">\n<table class=\"table table-striped market-overview-table\">\n<tbody>\n<tr>\n<td class=\"font-weight-bold\">Metals<\/td>\n<td class=\"font-weight-bold\">Change<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">Gold<\/td>\n<td class=\"red font-400\">-0.26%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"col for-height\">Gold is extending losses today. The price of an ounce of June gold fell 0.6%, to settle at 1,698.80 an ounce on Friday.<\/div>\n<\/div>\n<\/div>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n<p>Note:<br \/>\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Top daily news Global equity indexes are mixed today as investors ponder the plans for the reopening of economies all over the world. Markets ended solidly higher on Friday with investors\u2019 confidence boosted by a late Thursday report US patients taking Gilead Sciences experimental drug showed signs of \u201crapid recoveries.\u201d Forex news Currency [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-169039","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/169039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=169039"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/169039\/revisions"}],"predecessor-version":[{"id":169043,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/169039\/revisions\/169043"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=169039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=169039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=169039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}