By IFCMarkets
Top Gainers – The World Market
Shares of Chinese and Hong Kong companies fell in price amid yet another aggravation of US-Chinese relations. The US President Donald Trump signed a law imposing restrictive measures on China because of its policy towards Hong Kong. Hong Kong dollar weakened against the euro. Amidst relatively high world oil prices, other commodities also went up, which helped to strengthen the currencies of exporting countries – South Africa, Canada, Australia, Norway and Mexico. The euro strengthened ahead of the ECB meeting and the summit of the heads of the EU countries.
1.Harley-Davidson, Inc, 17.4% – American motorcycle manufacturer
2.Arconic Inc, 16.2% – American manufacturer of various aluminum products
Top Losers – The World Market
1. Cathay Pacific AIR – Hong Kong Airlines
2. PICC Property and Casualty Company Ltd – Chinese movable and immovable property insurance company
Top Gainers – Foreign Exchange Market (Forex)
1. EURTRY, EURHKD – the growth of these charts means the strengthening of the euro against the Turkish lira and the Hong Kong dollar.
2. AUDCHF, CADCHF – the growth of these charts means the weakening of the Swiss franc against the Australian and Canadian dollars.
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Top Losers – Foreign Exchange Market (Forex)
1. USDZAR, EURZAR – the drop in these charts means the strengthening of the South African rand against the US dollar and the euro.
2. USDNOK, USDMXN – the drop in these charts means the strengthening of the Norwegian krone and the Mexican peso against the US dollar.
Market Analysis provided by IFCMarkets
Note:
This 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 а 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.
