IT Asset Disposition (ITAD) Market
Monday, May 14, 2019
Here are today’s notes
•The dollar is mixed against the majors as global markets settle down after the big selloff yesterday. Emerging markets are also recovering.
•China retaliated yesterday against the new round of tariffs from the US, by announcing tariffs against $60 billion worth of US imports. The US then released a list of around $300 bln of Chinese goods that could be hit in the next round of tariffs. President Trump tweeted that a deal will still be made, but there are clearly some more bumps in the road.
•Yen and Swiss are down as risk on sentiment recovers leading to a drop in the two main safe havens.
•The pound is trading flat on the day as employment data from the UK showed growth amid a tight labor market. Theresa May is meeting with her cabinet amid increasing pressure to put an end to cross-party talks and set a clear date for her departure.
•Cad is up slightly after oil recovered from yesterdays losses.
Filmar technologies trades End Of life IT assets around the globe. Local and global trade politics, government policies, currency fluctuations, and commodities fluxations all affect our industry health. This information I post is intended for private use.
For more information or for inquiries of any kind, please call (586) 580-2524 or email firstname.lastname@example.org. learn more about Filmar Technologies by going to our story page here.
To learn more about IT Asset Disposition (ITAD) business Check Out our LinkedIn in page https://www.linkedin.com/in/filmar/
Filmar.com is not soliciting any action based upon this Market Update, nor is this Market Update an offer to buy or sell currencies, commodities or any other product or service. The material is based upon information that Filmar.com considers to be reliable, but Filmar.com does not represent that it is accurate or complete, and it should not be relied upon as such. The exchange rates contained in this Market Update do not constitute a representation that any amount has been, could have been or may be converted at the rates contained in this Market Update or at any other rates. This Market Update does not constitute advice or a recommendation to enter into any transaction. Filmar.com and its affiliated companies, and their respective directors, officers, and employees, expressly decline and are not responsible for any liability for loss or damage whatsoever caused by or related to the use of information contained in this Market Update. Opinions expressed are statements of judgment and are subject to change without notice.
Filmar.com are federally registered service marks of Filmar Technologies llc