NY Stock Market US-China Trade “Agreement is Near” or Dec 13 6:43
In the New York Stock Market on the 12th, Dow's average share price rose significantly as President Trump posted on Twitter that "agreement is close" over trade negotiations with China.
The closing price of the New York Stock Market and the Dow Average Stock Price on December 12 was $ 28,132,05 cents, an increase of $ 220,75 cents compared to the previous day.
The NASDAQ index, which has many IT-related companies, and the “S & P500”, which is composed of many stocks, has the highest price.
In the market, over the US-China trade negotiations, President Trump posted to Twitter that "I am very close to a big agreement. China wants it and the United States is the same," the United States on the 15th There was a growing expectation to postpone additional tariffs on China that is planned to be activated.
Furthermore, in the afternoon, the view that the US and China governments reached the first-stage principle agreement spread, and purchase orders expanded.
The market official said, “If the trade negotiations between the US and China reach a conclusion, it will be easier for companies to plan investment and the market uncertainty will be eased. Investors will pay close attention to what the US and Chinese governments will announce. Talking. "
Yen weakening US dollar Wellington foreign exchange market
On the 13th, New Zealand and Wellington's foreign exchange market is moving to sell yen and buy dollars, as US and Chinese governments have reported that the US has reached a first-level principle agreement on trade negotiations. As the yen strengthens, the yen has fallen by nearly 1 yen since the 12th, and the yen has depreciated against the yen by 1 dollar = 109 yen.