Palladium falls despite eased trade war concerns

2019-08-14 17:58:27 GMT (Economies.com)
Palladium falls despite eased trade war concerns

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.

 
 
 
  Symbol Last Change Chg.%
1.1134
0.0072
0.6495%
1.3199
0.0062
0.4689%
Tadawul
8133.72
67.30
0.83%
16.860
0.288
1.738%
58.796
-0.314
0.531%
63.89
-0.62
0.96%
1474.830
14.985
1.026%
 
 
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