On Friday, the major US indices went down amid a drop in the consumer sector led by shares of tobacco manufacturers as well as technology companies…
Asian equities go down
On Thursday, Asian equities went down, while government bonds managed to gain safe-haven demand in the face of strengthening investor worries that soaring trade tensions will affect the world’s economy.
Spreadbetters actually expected European shares to show better results at the start, with Britain's FTSE starting intact, Germany's DAX earning 0.3% and also France's CAC leaping 0.25%.
MSCI's index of Asia-Pacific equities inched down 0.13%.
The Asian markets were influenced by Wall Street equities that dived for the third straight trading session overnight right after Donald Trump was eager to impose fresh duties on China, thus driving worries a trade war.
Boeing Co, considered to be especially vulnerable to retaliation from American trade partners, headed south 2.5%, thus becoming the leading loser on the Dow.
Shanghai inched down 0.3%, Hong Kong's Hang Seng was intact, while Australian stocks dived 0.25%. Japan's Nikkei N225 managed to erased earlier losses, gaining 0.12%.
Besides this, the benchmark 10-year Treasury yield sank to 2.806%, demonstrating a fourth day of dives in the face of soaring diplomatic tension between Russia and the UK.
The probability of a trade conflict also spurred demand for European debt. The German 10-year bund yield hit 0.594% having dived to a 1-1/2-month minimum of 0.583%. Revenues on UK gilts as well as French government bonds headed south too.
Meanwhile, in the currency market, the evergreen buck was pressured having demonstrated a moderate bounce overnight after three days of losses.
The common currency soared 0.05% being worth $1.2373 having being pulled back from a six-day maximum of $1.2413 when on Wednesday, European Central Bank Governor Mario Draghi demonstrated rather a dovish tone on monetary policy.
As for the Japanese yen, it soared versus a variety of counterparts.
Versus the yen, the common currency dived 0.4% hitting 131.045 yen.
On Thursday, China's stock market concluded up due to strengthening sectors of oil and gas equipment, insurance as well as gas and water supply…
On Thursday, stock indices of Western European countries concluded in positive territory on expectations of positive corporate reporting as well as signals on mitigation of some factors of geopolitical tension…
On Monday, the euro drifted away from peaks reached in the Asian session because market participants took profits from its revenues after centrist Emmanuel Macron's win over the far-right Marine Le Pen in France's presidential election…
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…