EU equities are backed by soaring crude
On Tuesday, European equities were underpinned in morning trade by profits among crude stocks…
Asian equities are mixed on Fed views
On Thursday, stocks in Asia were mixed, with financial markets digesting the Fed views on interest rates as well as the latest Bank of Japan review.
The Nikkei 225 tacked on 0.47%, Australia's S&P/ASX 200 went down 1.09%. The Hang Seng index soared 0.10% in Hong Kong. Meanwhile, the Shanghai Composite inched up 0.21%.
On Wednesday, Japan's Toshiba told it would have its memory chip unit sold to a consortium underpinned by Bain Capital. ¥2 trillion – that’s what the deal is worth.
The Bank of Japan didn’t change its monetary policy after the conclusion of it two-day gathering on Thursday.
As the Fed told, it would get down to unwinding $4.5 trillion in financial crisis-era support already in October and the major US bank stuck to its forecast to lift interest rates again in 2017.
Storm-related disruptions as well as rebuilding will impact economic activity in the USA in the nearer future, although past experience suggests that the storms won’t materially alter the course of the US economy over the medium term.
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US equities go down, as US-China levies kick in
On Monday, Wall Street's three main indexes slumped following another round of US-China trade levies and market participants expected an interest rate lift a day ahead of the Fed’s two-day gathering…
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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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