08:04
حنين الحياة
The futures of gold prices fluctuated in a narrow slant towards a retreat during the American session amid the echo of the US dollar index upward. Since the beginning of March last March for the second consecutive session in accordance with the inverse relationship between them amid the scarcity of economic data by the economy The American largest economy in the world on Monday.
At 02:29 pm GMT, futures for gold prices dropped by June 15 June 0.04 percent to be traded at $1,335.50 for the ounce compared with the opening at 1, $3336.10 for the ounce, while the US dollar index dropped 0.23% to 89.90 levels, explaining His lowest since the third of April April compared to the opening at 90.11.
Investors ' attention is drawn to the outcome of Chinese president Shi Jinping's speech at the Boao Forum, through which he is expected to address the crisis of the recent rise in tariffs between the United States of America, the world's largest economy, the world's largest industrialized country, and China's second largest The world's second largest industrial country and the world's largest consumer of minerals.
White House economic advisor Larry Kolbucket said last weekend that China is the cause of the crisis and the solution is in the hands United, saying that Trump is the first president to deal with China's trends, explaining that the negotiations have not yet officially started, with the reference that the Chinese reply was not He accepted and explained that the United States Administration had not formally taken action, adding that it was merely a proposal.
He said then that US president Trump did not want to harm the local economy, and he said there would be talks for months before new tariffs were released., adding that the US administration is taking a moderate approach and not seeking a commercial war, but all you're trying to do is save the sector. American access, followed by the Chinese Ministry of Commerce's remarks that China will protect its interests against possible US actions.
We would like to point out that late last Thursday, the US administration stepped up trade tensions between America and China with the issuance President Trump of the United States of America to study the imposition of additional customs duties on Chinese imports to the US trade representative estimated at about $100 billion, According to the statement, it was a response to an unjust response by China against previous customs steps.
In contrast, Beijing expressed in a statement that it would defend itself "at any cost" against us tariffs on its goods and "that the Chinese they will dedicate themselves to the end and they will certainly resist." With the mention that "China will adopt new comprehensive response measures, at any cost, will defend the interests of Countries and people, we do not want to fight, but we are not afraid to fight a commercial war. "
US president Trump unveiled last Tuesday a new list of Chinese imports, which will be subject to additional customs duties in the coming period estimated at about $50 billion, followed by China's announcement of tariffs of 25% on some 106 American products, and the statement by the Ministry of Trade That the date of implementation of those fees will be announced later which will be applied to American imports estimated at about $50 billion.
2017.
