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| President Donald Trump |
Global
stocks weakened this afternoon as investors rushed to the sidelines in what
could be a market-shaking “G6 plus one” showdown. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
With US President, Donald Trump,
already sparking uncertainty by lashing out at Canada and France ahead of the
meeting, optimism has diminished over any agreement being reached on trade
during the two-day summit.
Risk
sentiment could take a hit if the talks between G7 leaders descend into
disagreements and arguments. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
With escalating trade tensions seen as a major threat to global stability, the
outcome of the summit could leave a mark on global sentiment.
Gold firms ahead
of G7 meeting
Gold
prices edged slightly higher as investors turned cautious ahead of today’s G7
summit. Price action suggests that the yellow metal needs a fresh catalyst for
its next major move. If the G7 summit concludes in a deadlock with trade
tensions heightened, the yellow metal could benefit as investors rush to
safety. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
While
risk aversion created from heightened trade concerns is positive for Gold,
expectations over higher US interest rates are likely to threaten upside gains.
With the Fed expected to announce another interest rate increase next week,
zero-yielding Gold may face some headwinds down the road.
Regarding
the technical picture, prices remain in limbo on the weekly charts with $1300
acting as a psychological level. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
A technical breakout above $1300 may inspire bulls to challenge $1324.
Alternatively, if the $1300 level proves to be a stubborn resistance, prices
could sink back towards $1280.
Have you heard this? Many
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of exporting commodities to foreign countries. Do you know why? They were not
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of payment in export trade. This is terrible!!! Nigerians cannot continue to
lose money to foreigners in the course of export business. Exporters, why don’t
you get a practical manual that teaches the stages of export trade from
processing and packaging of commodities to receipt of payment by the foreign
buyers. It teaches export operations, export management, export documentations
and methods of payment in export trade? It is a contemporary step-by-step guide
to export trade. It tells all the contemporary dynamics in export trade. To get
it, click on the link below:
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