IT Asset Disposition (ITAD) Market
Monday, May 15, 2019
•The dollar is up against most major currencies as well as emerging markets as trade war concerns persist.
•The euro is down as Q1 GDP came in in-line with expectations, but German GDP came in slightly bellow expectations. Italian industrial orders were disappointing as well.
•China reported weak April industrial production numbers and retail sales, which indicates the bounce we saw in the first quarter was more of a false dawn. An extended trade war is likely to weigh further on the economy.
•The Australian dollar is weaker on the day following the weak date releases out of China.
•The Canadian dollar is slightly weaker as oil dropped a percent overnight and the markets await CPI figures this morning.
•The South African Rands post election rally is at a key technical level that could see the currency continue to strengthen if there is a sustained breach below 14.2462. Retail sales date will be released today and will be very important.
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.
Below are the current laptop, LCD/LED, and desktop Filmar buy price for May 2019
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