Palladium falls despite eased trade war concerns
Economies.com
2019-08-14 14:30PM UTC
Palladium fell today amid pressure on metals in global markets despite the trade war concerns easing.
Trump’s administration decided yesterday to delay the decision to impose a 10% tariffs increase on Chinese imports worth $300 billion to mid-December as the US Trade Representative's office said, instead of September 1st.
Meanwhile, the markets' high sentiment of yesterday didn't continue till, and fell under sell-off pressure today in Wall Street, metals and oil markets.
By 14:19 GMT, palladium futures (September delivery) fell by 1.7% to $1426 an ounce, with a high of $1449.8 and a low of $1442.3.
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