The situation of world steel markets in the early days of the New Year
Rise of the US House to impeach Trump
RUSSIAN REBAR : Market slow after holidays; sources expect prices to rise
RUSSIAN FLAT STEEL : Prices set to move higher after holidays
Currency and gold prices fall after the recent US developments
These days, domestic steel markets are very close to world market prices, so that price changes in the global market are reviewed daily by investors and final buyers, and domestic steel market prices are examined. Perhaps in a shorter period of history. Steel transactions This convergence and regression has been observed in the Iranian and […]
When we look at the record of the dollar last year, we see that this currency has grown by about two hundred percent over the past year. This figure is very shocking for financial market analysts and has actually had a tremendous impact on the stagflation of markets. In this memo, we will deal with the fluctuations of the dollar price in the Iranian and international markets after the US presidential election. Please be with Artan Press.
China's domestic rebar prices rose sharply on November 5 due to a drop in production and inventory levels last week.
The Tehran Stock Exchange faced a sharp drop in the overall index after a three-day shutdown and reopened on Sunday with a 3% drop. This dashed hopes for a steady rise in the index, prompting analysts to consider stock market and capitalist strategies.
Although the global ounce of gold has not changed significantly from the previous days and has been fixed at $ 1,900, but the price trend of domestic gold has decreased, which is due to a significant increase in the dollar compared to yesterday, so that the US dollar through the channel of 29 thousand Toman has returned to 28 thousand Tomans and today the price of USD is 28 thousand and 500 Tomans, Euro is 33 thousand and 300 Tomans and UAE Dirham is 7 thousand and 850 Tomans.
recently, the Economist Analytical Journal revealed the state of Iran's economic growth, noting that Iran's economy has been on a downward trend due to the damage caused by the Coronavirus epidemic and the consequences of unilateral US sanctions, until a rate by the end of this year.
This will have a direct impact on all global markets, including gold, which we will address in this analysis. In less than a month until the 2020 US election, political tensions in the country are rising. Rising US political risk alone could be the main cause of rising global gold prices.
The price of hollow sections in Europe has risen this week due to a shortage of raw materials.
The price of Polish domestic rebar remained relatively stable, while producers expected increased demand and rising scrap for October.
Two important decisions of the central bank in the field of banknote market and Nima system forced the dollar fluctuators to retreat from the buying position. The first decision, which was delayed, was to bring the selling price of bank exchanges closer to the open market, and the second decision was to raise the price ceiling in Nima system transactions.