EU equities conclude up
On Wednesday, EU key equities concluded up, recording their fourth straight winning marathon due to profits in the materials as well as chemicals sectors…
Asian equities edge up after American Senate passes budget plan
On Friday, Asian stocks managed to shrug off early sluggishness. They leapt, and the greenback rallied right after the US Senate officially had a budget blueprint for the 2018 fiscal year approved. The given move will enable Republicans to pursue a tax-cut package, while neglecting Democratic support.
Late on Thursday the US Senate controlled by Republicans voted for the budget measure, thus adding $1.5 trillion to the federal deficit over the next decade for the purpose of paying for proposed tax cuts.
MSCI's index of Asia-Pacific equities that scaled a 10-year maximum on Tuesday, gained 0.3%, although still moderately heading south for the week.
American stock futures soared 0.4%, while the benchmark 10-year Treasury yield grew to 2.346% versus its Thursday’s close of 2.321%.
As for stocks in New Zealand <.NZ50>, they stood still after 13 winning trading sessions.
Japan's Nikkei N225 recovered from its earlier dips and rallied 0.1%.
Similar
American equities stand still, as trade tensions resume
On Wednesday, American futures pointed to a lower start because market participants still worry over worsening trade war tensions…
Wall Street starts higher
On Tuesday, Wall Street managed to rally due to the fact that market participants neglected news that China is going to respond to another pack of American levies…
Latest news
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…
Deposit with your local payment systems
