Bloomberg Market Wrap 8/5: Trade War Sell-Off, Oil Prices

Bloomberg Market Wrap 8/5: Trade War Sell-Off, Oil Prices

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the recent market sell-off, focusing on companies with significant exposure to China. It highlights a collection of companies by Goldman Sachs, noting a 7% drop in three sessions due to trade tensions. Interestingly, China stocks with US exposure are faring better than US stocks with China exposure. The video also covers the oil market's reaction to trade headlines and geopolitical tensions, with WTI crude oil prices affected. Lastly, it addresses concerns over a potential currency war as China allows the yuan to weaken.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the median percentage of revenues from China for the companies mentioned?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the recent sell-off in the market as described?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the trade war affected the performance of companies with US exposure compared to those with China exposure?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact has the trade war had on oil prices, specifically WTI crude oil?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the currency war fears mentioned in the text?

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