Seven questions about negative oil prices
While Ukrainians rested after the celebration of Easter, the world collapsed in the oil markets. First, on Black Monday, oil collapsed to zero, and then buyers of American oil were paid extra for taking it. At the end of Monday’s bidding, almost $ 37 was required to sell a barrel of oil. You say that this does not happen? Can the seller pay extra to the buyer for taking the goods from the store?
South Korean officials: There is no indication that Kim Jong-un is experiencing physical problems
According to a media report on Tuesday (April 21), North Korean leader Kim Jong-un was seriously ill, leading to a sharp depreciation of South Korean currency and the South Korean stock market. Earlier, according to an unconfirmed report, North Korean leader Kim Jong Un was seriously ill, causing the South Korean won to fall sharply against the dollar on Tuesday.
At present, the Korean won has fallen 1.17% against the US dollar at 1233.
Markets want Fed to save them. Why its tools might not work.
NEW YORK (AP) — As stocks at some level of the arena tumble on worries about a swiftly-spreading virus, investors were clamoring for the superheroes of the financial world to stride to the rescue yet again.
But this time, there are doubts: Can central banks essentially fix this disaster as they’ve so many others?
As much because the relaxation, the Federal Reserve and its counterparts at some level of the arena get hang of helped pressure up stocks all over the last decade with their interest-price cuts, stimulus programs and guarantees of pork up.
The US-China trade deal has cooled down before the storm
The markets breathed a sigh of relief after the signing of the “first phase” agreement between Washington and Beijing last Wednesday. But this deal is only a truce in a battle that is likely to resume after the November elections.
In his article published by the Washington Post, the author, Henry Olsen, said that both countries have good reasons for calling for an end to the trade war temporarily.
Chinese growth has slowed dramatically to its lowest level in nearly thirty years, and car sales have fallen more than 8% over the past year, along with a decrease of 3% in 2018.