IT Asset Disposition (ITAD) Market Friday, May 17, 2019
The rhetoric from both China and the US has gotten worse, with Chinese state media saying unless the US is willing to make concessions, there is no point having further meetings.
IT Asset Disposition (ITAD) Market Monday, May 16, 2019
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.
IT Asset Disposition (ITAD) Market update
IT Asset Disposition (ITAD) Market Monday, May 13, 2019 Good Morning, • The dollar is mostly stronger against the majors to start off the week, while it is up across the board against emerging market currencies, as risk off sentiment drives investors to safe havens. • Trade talks between the US and China ended on Friday with no solution and no plans for another round of talks. There are reports the US is giving the Chinese around a month to …
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 …
Read MoreIT Asset Disposition (ITAD) Market Monday, May 14, 2019
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.