Global stocks are flat, crude oil prices are declining with Trump, Putin holds high risk conversations

Written by Chiboic Oguh, where is the

New York/London (Reuters) -Global shares were flat but are still circulating near record levels on Friday, where US President Donald Trump and his Russian counterpart Vladimir Putin held high talks in Alaska on Ukraine.

The prices of US Treasury bonds decreased in all fields, as markets expected to reduce interest rates in the field of federal reserves.

DOW set a record a day high during the session, becoming the last Wall Street’s main indexes that climb to a new peak this week. The S&P 500 and NASDAQ standard declined, as it has mainly declined by technology, finance, industries and facilities. The Dow Jones industrial average increased by 0.08 %, the S&P 500 index decreased by 0.29 %, and the NASDAQ compound decreased by 0.40 %.

“This market continues to rise higher and the story is just profits and margins,” said Tele Leiji, chief market expert in the Wealth Consulting Group in New Jersey.

“The inflation numbers that we saw this week were often services and in a service based on a service like us, and this is a good thing for profit margins.”

The data showed that retail sales in the United States increased strongly in July, as it increased by 0.5 % from the previous month, after an unexpected increase in producers’ price data on Thursday, renewed inflation fears and market expectations to reduce federal reserve prices this year.

European stocks touched the highest level in five months before the decline, as investors encouraged a large -scale profit season. The Stoxx 600 Pan-European has finished 0.06 %.

MSCI All Country World Index recent gains. It was the last apartment at 951.70, only shy of the record level of 954.21 on Wednesday.

Trump and Putin met face to Alaska at a high -level meeting that could determine whether the ceasefire could be reached in the bloodiest war in Europe since World War II.

Trump said that a second summit was involved in Ukrainian President Volodimir Zelinski could follow whether the talks with Putin are going well.

The details and the length of any agreement will be essential, and now investors are on standby. Government bonds in Ukraine – the main mood indicators – have stopped largely in recent days in 55 cents that are still distributed to the dollar.

“There is still a small degree of risk bonus in the European markets,” said Shaneel Ramy, head of the multiple assets in the assets.

“But I believe that the market knows that many of these negotiations are not expected. In the end, Zelinski and the Europeans were not invited. They will need to participate in any final negotiations,” Ramy added.