NZ dollar lifted as Donald Trump predicts great deal with China
NZ dollar lifted as Donald Trump predicts great deal with China
People pass the New York Stock Exchange
01 November, 2018, 23:37
The Dow Jones industrial average swung between a gain of 352 points and a loss of 566 before closing down 245.39 points, or 1%, at 24,442.92.
Speaking weeks before a highly anticipated face-to-face meeting between US President Donald Trump and his Chinese counterpart Xi Jinping at the G20 summit in Argentina, Cui Tiankai said the US-China relationship, which will mark its 40th anniversary next January, "has made great strides, while also it has had its share of setbacks".
He said he has 267 billion dollars of new tariffs waiting to go if he can not make a deal with China.
The S&P 500 Index looked set to extend its rally from a day earlier as more company results rolled in, with General Motors, GlaxoSmithKline and Sprint among those beating expectations.
Canada's main stock index reversed course to trade higher on Tuesday, led by gains in industrial stocks.
IBM saw its stock increase early Monday after news of its acquisition of cloud computing software company Red Hat for $34 billion, but it ultimately closed down 4 percent. The S&P 500 Index fell as much as 2.1 percent before paring the drop and ending the day down 0.7 percent. Natural gas was unchanged at $3.19 per 1,000 cubic feet.Gold lost 0.7 percent to $1,227.60 an ounce.
Amazon.com dropped another 6.3 percent to $1,538.88. But there are risks in the background, from the American midterm elections to trade talks with China.
Among industrials, Boeing sank 6.6% to $335.59. Most of those imports are now being charged a 10 percent tariff, which is set to increase to 25 percent at the end of the year. Italian bonds bucked a decline as the risk-on mood sent core European debt lower. Trade-sensitive industrial shares rose almost 1.2 per cent in mid-morning trading.
Brazil's Bovespa rose in morning trading after far-right politician Jair Bolsonaro was elected president, but it later ended down 2.2%.
US crude fell 1.28 percent to $66.18 per barrel and Brent was last at $76.07, down 1.64 percent. Brent crude, used to price worldwide oils, lost 19 cents to $77.18 per barrel.
Oil has been caught in the global financial market slump this month, with equities under pressure from the trade conflict between the world's two largest economies.
The yield on 10-year Treasuries added one basis point to 3.08 percent.
The dollar rose to 112.35 yen from 111.85 yen. The euro fell as Germany's Angela Merkel said she will quit as head of her party after almost two decades, though she intends to see out her term as chancellor.
Derby may well have claimed another scalp had they not scored two own goals, through Fikayo Tomori and Richard Keogh. Davide Zappacosta's cross deflected in off Tomori's standing leg as Chelsea took the lead.
There has been particular concern in Britain about online shopping giants such as Amazon undercutting traditional retailers. Speaking in the Commons on Monday, Philip Hammond said: "A new global agreement is the best long term solution".
This year's focus on raising breast cancer awareness takes on a different twist for Pantai Hospital Kuala Lumpur . There are also rising number of breast cancer patients in younger age groups, especially those between 30-40.
The Israeli military claimed that the boys were involved in planting an explosive device adjacent to the fence. The three boys all lived in Wadi al-Salaqa, a farming village in central Gaza near the Israeli border.
While climate change plays a role in the loss of biodiversity, the report says the bigger culprit is runaway human consumption. "A recent assessment found that only a quarter of land on Earth is substantively free of the impacts of human activities ".
Have a Happy Halloween my Kings and Queens", she posted along with the photos where she dubbed herself " Phoni Braxton ". See Beyoncés 2018 Halloween costume and take a look back at her best looks from past years below.
A top U.S. official said here on Monday that that complete and verifiable denuclearisation of North Korea was within reach. The banner reads: "Nippon Steel & Sumitomo Metal Corporation should compensate and apologize to victims of forced labor".
Erodgan recently increased threats to launch a major offensive against Syrian Kurdish fighters near the Euphrates River. SDF forces have dug trenches around Manbij and other areas near the Turkish border.
Dimitrov had 13 aces in a 7-6 (10), 6-4 win against Roberto Bautista Agut and Nishikori beat Adrian Mannarino of France 7-5, 6-4. Nadal was forced to withdraw from his US Open semi-final against Juan Martin del Potro in early September with a knee injury.
Khashoggi was killed after entering the Saudi consulate in Istanbul on October 2 to obtain paperwork for his upcoming marriage. Discussions with al-Mojeb produced no "concrete results" despite "good-willed efforts" by Turkey , Fidan said .
Heidi Klum channels 'Shrek' character for Halloween
In the past, Klum has dressed as Lady Godiva , the Hindu goddess Kali, a dead body and Jessica Rabbit, among others. How did they arrive at Klum's coveted party? They also brought along ogre babies in a pram to the red carpet.
Trump Lashes Out at Paul Ryan Over Birthright Vaporware
Trump and many top aides have long seen the immigration issue as the most effective rallying cry for his base of supporters. Here's what you need to know about birthright citizenship - and why the president wants to get rid of it.
Saudi sisters' bodies recovered from NYC riverbank
The women were found lying on rocks near the river, fully-clothed, both wearing black jackets with fur trim and black leggings. A post on the center's website noted that Tala might have been with Rotana. "We have a bad tragedy for sure".
Harry and Meghan wrap in Rotorua
Meghan followed Ms Sergel back on Instagram in January 2016 and would comment on her photos and give encouraging messages to her. Some compared Meghan's frock to Diana's white lace skirt, with the Duchess displaying her legs through the semi-sheer fabric.
Cena will not compete at WWE Crown Jewel event
As part of their Q3 financial report last week, WWE confirmed they were moving forward with their Crown Jewel event. John Oliver dedicated a segment to savaging WWE over the decision on his Last Week Tonight show.
New 'Google tax' to raise £400 million a year
Along with Americans, Canadians and New Zealanders, we will soon be able to use the e-Passport gates on arrival at Heathrow. Downing Street insisted the spending pledges were fully funded, irrespective of the outcome of Brexit talks.
Iowa State ranked 24th in College Football Playoff Top 25
But what, if anything, can be learned from the first four years of CFP rankings? "That just keeps replaying in my head", he said. Starting the season against Wyoming, San Jose State and Eastern Washington doesn't exactly endear you to committee members.
Australia beat Pakistan to clinch Women's T20 series
In the latest ICC T20 rankings, Babar Azam notched the top spot due to his good form in the Australia series. On Sunday, Pakistan completed a 3-0 whitewash of Australia after defeating them 1-0 in a two-Test series.