It is certainly not cheering news for oil exporters such as Nigeria as Brent crude oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply.
Brent crude, the type that Nigeria majorly exports was down 0.35 percent at $65.24 per barrel.
Brent crude price had tanked 6.8 percent on Tuesday and set an eight-month trough of $64.61.
U.S. West Texas Intermediate (WTI) crude futures dived 7 percent the previous day, suffering their biggest one-day loss in more than three years. The contracts last stood at $55.30 per barrel CLc1 for a loss of 0.7 percent, following a descent to a one-year low of $54.75 overnight.
Brent had soared to a four-year high of $86.74 early in October as the market braced for U.S. sanctions on Iran, but prices have sunk roughly 25 percent since then.
Concerns about global growth pushed MSCI’s broadest index of Asia-Pacific shares outside Japan down 0.5 percent.
Hong Kong’s Hang Seng .HSI dropped 0.55 percent and the Shanghai Composite Index .SSEC retreated 0.9 percent.
Australian stocks fell 1.75 percent, South Korea’s KOSPI lost 0.3 percent and Japan’s Nikkei rose 0.16 percent.
Spreadbetters expected European stocks to open lower, with Britain’s FTSE losing 0.4 percent, Germany’s DAX slipping 0.3 percent and France’s CAC shedding 0.5 percent.
The Dow and S&P 500 ended slightly lower on Tuesday as lower oil prices took a toll on energy shares, offsetting a small gain in technology stocks and renewed hopes for progress in U.S.-China trade talks.
“While the plunge in WTI will no doubt act as a relief for emerging markets and the global consumer, U.S. real rates continue to climb, underwriting the dollar’s strength,” wrote Sean Darby, chief global equity strategist at Jefferies.
“The competition for capital is coinciding with a sharp slowdown in China and emerging markets, putting pressure on 2019 earnings.”
Riskier assets have come under strong selling pressure over the past two months as worries about a peak in earnings growth added to international trade tensions and signs of slowing in global investment and growth.
The oil plunge underlined cracks in the global economy. In Japan, data confirmed the world’s third-largest economy contracted in the third quarter, adding to growing signs of weakness globally, with China and Europe losing momentum. Germany is expected to report later in the day that its economy also shrank last quarter.
“The markets would have reacted more positively to U.S.-China trade and Brexit-related headlines a few months ago,” said Makoto Noji, chief currency and foreign bond strategist at SMBC Nikko Securities in Tokyo.
“But currently there is more focus on the possibility of both the U.S. and Chinese leaders maintaining their tough stance, with a compromise eluding them, and Brexit bogging down. Market sentiment is clearly cooling down.”
The United Kingdom and European Union agreed on the text for a Brexit divorce deal on Tuesday. Prime Minister Theresa May will present the draft withdrawal agreement to her senior ministers on Wednesday for discussion and then decide on the next steps.
equilibrando
Dispositivos de calibración: fundamental para el funcionamiento suave y óptimo de las dispositivos.
En el campo de la ciencia avanzada, donde la efectividad y la seguridad del equipo son de gran significancia, los equipos de balanceo cumplen un papel crucial. Estos equipos especializados están creados para calibrar y fijar partes rotativas, ya sea en equipamiento de fábrica, transportes de traslado o incluso en dispositivos domésticos.
Para los expertos en mantenimiento de equipos y los ingenieros, operar con aparatos de equilibrado es importante para garantizar el funcionamiento uniforme y estable de cualquier sistema giratorio. Gracias a estas alternativas innovadoras sofisticadas, es posible reducir notablemente las vibraciones, el zumbido y la tensión sobre los cojinetes, extendiendo la longevidad de componentes valiosos.
También significativo es el rol que tienen los sistemas de ajuste en la servicio al comprador. El asistencia especializado y el soporte constante empleando estos equipos permiten dar servicios de óptima excelencia, mejorando la bienestar de los usuarios.
Para los responsables de emprendimientos, la aporte en equipos de balanceo y medidores puede ser clave para aumentar la rendimiento y eficiencia de sus equipos. Esto es principalmente importante para los empresarios que dirigen reducidas y modestas emprendimientos, donde cada punto vale.
También, los equipos de calibración tienen una extensa aplicación en el ámbito de la protección y el gestión de nivel. Posibilitan identificar potenciales problemas, previniendo intervenciones caras y problemas a los sistemas. Incluso, los resultados recopilados de estos sistemas pueden aplicarse para maximizar procesos y mejorar la visibilidad en plataformas de investigación.
Las campos de uso de los dispositivos de ajuste comprenden múltiples sectores, desde la fabricación de vehículos de dos ruedas hasta el monitoreo de la naturaleza. No influye si se considera de extensas producciones industriales o pequeños espacios caseros, los dispositivos de calibración son indispensables para promover un funcionamiento efectivo y libre de paradas.