American equities stand still as trade and economic fears weigh
On Monday, American futures were generally intact suppressed by trader fears over the world’s economic deceleration…
American stock futures pause at record peaks
On Friday, Wall Street futures actually pointed to a flat to lower start because American equities were brace for taking another breather at record peaks, with the Nasdaq reportedly intending to break a 10-day winning streak, which is its best outcome since February 2015. It’s because market participants are ready to price in big moves on earnings. They’re also awaiting a bunch of outcomes next week.
The blue-chip Dow futures declined 0.13%, the S&P 500 futures tumbled 0.05%, and the tech-heavy Nasdaq 100 futures sagged 0.13%.
With no key economic reports set for publication on Friday, investors paid attention to the ongoing flow of quarterly earnings, especially the outcomes of three Dow Jones components.
Visa Inc looked braced for leading the blue-chip index higher because equities reported profits of almost 2% in pre-market trade Friday right after the credit card company raised its earnings forecast because revenues beat estimates.
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American futures inch down on fears of decelerating global growth
On Friday, American futures went down because traders worry about decelerating economic surge in China and in other countries…
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Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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