IT Asset Disposition (ITAD) Market Monday, May 16, 2019

IT Asset Disposition (ITAD) Market
Monday, May 16, 2019

Good Morning,

TODAY’S NOTES

•The dollar is mixed against the majors and most emerging market currencies as the market tries to figure out what the next shoe to drop is.

•The US announced it would delay tariffs on imported autos 6 months, which was good news for Europe, Mexico, Canada and Japan. Further discussions are planned but it seems the US will focus on China first and then turn its attention elsewhere.

•President Trump signed an executive order yesterday that gives the government broad powers to bar US companies from doing business with foreign telecom suppliers. US companies will now require licenses to sell key technology to Huawei.

•The Great British pound fell to a 3 month low as PM May faces continued calls to step down as her Brexit deal is still no where near getting through parliament.

•CAD and MXN are higher as comments from Treasury Secretary Mnuchin that Trump administration is making headway with Canada and Mexico over unresolved issues with the pending USMCA trade agreement.

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.

IT Asset Disposition (ITAD) Market

 

Below are the current laptop, LCD/LED, and desktop Filmar buy price for May 2019

IT Asset Disposition (ITAD) Market

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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.

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