The dollar slips towards the lowest level in three years, as it fears the weak American data in the United States

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The dollar slipped toward a three -year decrease, and the US government bonds were under pressure on Monday, as weak manufacturing data with increasing warnings about the country’s debt staple sustains to stir investors.

The dollar fell 0.7 percent against a basket of its commercial partners, taking it near its lowest level in three years in the wake of the “Liberation Day” tariff in Trump in early March.

The S& P 500 Blue Chip index fell 0.3 percent by trading in the middle of the morning, after the ISM survey of the manufacturers of the manufacturing sector in 48.5 in May-less than the 50 level that separates expansion and deflation.

It was also a weaker offer than the previous month, in the last sign that the unpredictable trade war in Donald Trump weighs the world’s largest economy.

A line scheme from the ice dollar index, which shows the dollar towards the lowest level in three years

“The decrease in the surprise … indicates that the customs tariff still weighs greatly on the sector,” said analysts at Capital Economics.

The return on the US government’s bonds, which lasted 30 years, increased by 0.03 degrees Celsius to 4.96 percent with the low price of debt, in the first trading after Treasury Secretary Scott Payet moved to the reassurance of the markets that the country “will not fail to pay”, amid increasing criticism of debt sustainability.

Jimmy Damon, CEO of JPMorgan Chase, warned on Friday that the American bond market could be “held” under the growing load of Washington’s debt.



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