The Dow is still down just over points, or 1.
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European traders have been left reeling from another day of trade war tensions. The FTSE has just closed down points, or 1.
I missed this earlier sorry! Manufacturing PMI fell to just Factory bosses have reported that output, employment and inventory stocks have all slowed, while, while new orders fell for the first time since August New orders were stymied by reports of weaker overall demand conditions and hesitancy among clients to place orders. The fall in new business was only fractional, but signalled a marked turnaround from the solid rise seen in April.
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Data suggested that demand from both domestic and foreign clients declined during the month, as exports also fell. European stock markets are limping to the close, with heavy losses in London, Frankfurt and Paris:.acceed-staging.admost.de/betrayers-bane-embers-of-illeniel.php
The U.S. Economy in the s
Nearly every one of the 30 companies which make up the Dow Jones industrial average is in the red today. Oil companies are also tracking the slump in the price of crude, with Chevron and Exxon both losing around 2. European stock markets are suffering today as the US-China trade tensions have increased. There are no planned meetings between both sides, and that is sending out a very negative message.
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The 90 day delay in relation to the Huawei ban helped stocks at the start of the week, but that now feels like a long time ago. It appears that all the progress that was made throughout has gone up in smoke in a few weeks. Adding to the selling pressure was the dreadful manufacturing numbers from Germany.
If the powerhouse of Europe is suffering, that is likely to ripple out across the region.
Germany's Manifacturing PMI falls again to French's business morale is higher, with PMI rising to Trade war seems to hit Berlin much more than Paris. The FTSE is now down points, or 1. Although some of its effects may be beneficial, the phenomenon is better known for the havoc it can wreak: harvests can be lost, fishery yields reduced and oceanic ecosystems endangered, threatening food security in many regions.
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The disturbance can produce droughts in southern Africa, parts of India, Indonesia, Australia and certain regions of the Americas, floods in Kenya, Argentina and the United States, erratic monsoons in South Asia and extremely high temperatures in Japan and some regions of Canada. Although the warming of the waters may last from 12 months to five years, a time lag between the phenomenon itself and many of its most important climatic consequences means that repercussions are long term.
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