((Translation automated by Reuters, please consult the non-responsibility clause https://bit.ly/rtrsauto))))
*
Global actions are barely higher with the approach of commercial negotiations
*
The agreement concluded this week between the United States and the United Kingdom is the first since Trump’s price break
*
Weekend negotiations between China and the United States online in sight
*
Bitcoin has reached its highest level since January; oil increases by 1
*
The US dollar and the yields of treasury bills are withdrawing
(Update at the end of the afternoon, adds the oil regulations) by Sinéad Carew and Nell Mackenzie
The global MSCI shares index was barely higher on Friday, while Wall Street was agitated that the dollar lost ground while a US trade agreement with Great Britain fueled cautious optimism for American tariff negotiations with China and other countries.
While US President Donald Trump pushed the idea that the British agreement could serve as a model for other commercial negotiations, the traders are waiting for a meeting on Saturday in Geneva, Switzerland, between the Treasury Secretary and the Chief Commercial Negotiator of the United States and the China economy.
On Friday, India proposed to reduce its tariff gap with the United States to less than 4 %, against almost 13 % currently, in exchange for an exemption from current and potential pricing increases “, reported Reuters.
The MSCI index of global shares .MIWD00000PUS increased by 1.14 points, or 0.13 %, reaching 846.99, while the American indices remained practically stable.
Trump said that the implementation of 80 % customs duties on Chinese products “seems right”. It is the first time that he has offered an alternative to customs duties of 145 % that he has imposed.
According to Matt Stucky, chief portfolio manager for actions at Northwestern Mutual Wealth Management, the fact that the United States is ready to reduce customs duties has had a progressive positive effect.
“With the Geneva meeting this weekend, there is a little anxiety and certainly a good dose of profits given the strength we had,” said Michael James, director general of Rosenblatt Securities, adding that people are wary of everything that could be negative after meetings.
“We have all used, during the last month, the negative and positive impact of all the titles of the social media from the White House. Although the last weeks have been more pleasant, with an upward trend, uncertainty remains,” said James.
-On Wall Street, at 2:46 p.m., the Dow Jones Industrial Average .dji lost 86.14 points, 0.22%, at 41,279.12, the S&P 500 .SPX lost 0.84 points, or 0.03%, at 5,662.35 and the Nasdaq Composite .ixic lost 7.29 points, or 0.04%, at 17,920.50.
Earlier, the STOXX 600 .stoxx pan -European index ended up 0.44% while the German stock market index Dax
.Gdaxi ended up 0.63% for a closing record.
On the foreign exchange market, the dollar is down during the day but aims at a weekly gain against the main currencies, including the Swiss franc, the yen and the euro, thanks to optimism concerning future negotiations between the United States and China.
The dollar index = USD, which measures the greenback compared to a basket of currencies including the yen and the euro,
dropped by 0.29% to 100.36.
The Euro EUR = increased by 0.25% over the day to $ 1,1255 and against the Japanese Yen JPY =, the dollar was weakened from 0.42% to 145.29. Faced with the Swiss franc CHF =, the dollar was weakened from 0.11% to 0.831 while the Swedish crown SEK = was reinforced by 0.29% against the dollar at 9.707.
In cryptocurrencies, Bitcoin BTC = had its fourth consecutive day of rise, affecting its highest level since January after Thursday’s advance, which was the most important in a month.
Bitcoin BTC = won 0.67% to 103,317.75 dollars. Ethereum ETH = increased from 7.22% to 2,342.23 dollars.
The yields of the American treasury have slipped, with a thinner volume than usual and an always uncertain feeling, while investors turn to talks between the Trump administration and China.
The yield of American reference obligations at 10 years
US10YT = RR dropped by 0.2 base points to 4.371%, compared to 4.373% Thursday at the end of the day.
The return on bonds at two years US2YT = RR, which generally evolves according to the expectations of the federal reserve in terms of interest rate policy, lost 1.6 base points to 3.879 %, against 3.895 % Thursday evening.
Mike Venuto, co -founder and investment director at Tidal Financial Group in New York, was not optimistic about the next negotiations with China.
“It will take more time than we want. I expect more uncertainty, because it takes a year to conclude trade agreements, even when we have good partners who work in good faith,” he said.
“What we have seen so far is simply symbolic. There is a lot of wood to cut. People are on the lookout for any good news more or less durable”
In the raw materials sector, oil prices increased on Friday, investors placing their hopes in the next trade negotiations between the United States and China.
US crude oil CLC1 increased up to $ 1.85% or $ 1.11 to $ 61.02 The barrel and Brent LCOC1 increased to $ 63.91 per barrel, up 1.7% or $ 1.07 over the day.
Gold prices increased with the weakening of the dollar, while investors digested Trump’s remarks before weekend negotiations.
Gold in cash = increased by 0.98% to 3,337.69 dollars perce. The US GCC1’s term contracts increased 1.18% to 3,335.50 dollars an ounce.
