IT Asset Disposition (ITAD) Market Monday, May 14, 2019

IT Asset Disposition (ITAD) Market
Monday, May 14, 2019

Good Morning,

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.

5-14-19 prices

 

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