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Wall Street opens higher as Turkish lira rises

2018-08-14 02:03 pm | Resource: News | No Views : 220

Shares opened on Wall Street in green on Tuesday, with the Turkish lira rising after a long-term decline to a record low against the dollar. Meanwhile, President Recep Tayyip Erdogan announced that Turkey would boycott electronic goods from the United States as the diplomatic conflict between the two countries escalated.

In terms of economic data, US Labor Department data showed that import prices did not change in July, while export prices fell by 0.5%. The US import price index for July 2018 recorded steady import prices to the United States, almost unchanged in July, compared to the previous month, according to a statement released by the US Bureau of Labor Statistics on Tuesday.

On the other hand, US President Donald Trump criticized former FBI agent Peter Struck on Tuesday, claiming it was a "fraud" and launched a "fake" investigation.

"The FBI agent" Peter Strezock is a scam, as in the case of the fraudulent investigation he launched. "There was no collusion or obstruction with Russia, and everyone, including the Democrats, knew that. Crowd, Democrats and DNC! ".

Strzuk was separated on Monday after he was revealed to have exchanged text messages with Trump with former FBI attorney Lisa Beige in the run-up to the 2016 presidential election.

Tesla

On the other hand, investors are looking at new developments in the plans of Tesla CEO Eilon Mosk to take the private company. The CEO revealed his personal profile on Twitter about the financial and legal advisers he is consulting with.

US Stocks Open
  • The Dow Jones Industrial Average rose 0.16%
  • The S & P 500 rose 0.27% on the back of Tapestry Inc, which rose 8% after its quarterly earnings.
  • The Nasdaq 100 is up 0.40% at the beginning of the session. O'Reilly Automotive was the top performer, rising 2.17%.

At the beginning of the meeting. The euro fell 0.13% against the dollar at 3:31 GMT, trading against 1.13945.


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Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…

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