S&P and Dow demonstrate record maximums
On Friday, the S&P 500 along with the Dow demonstrated record maximums for the second straight day…
Asian equities mostly jump ahead of Wyoming
On Friday, Asian equities mostly rose because markets were cautious. However, positive approach ahead of speeches by the ECB and Fed governors in Wyoming that could set fresh tones on monetary policy.
Japan's Nikkei 225 headed north 0.60%, the S&P/ASX 200 declined 0.06%.
On Friday, Australia's Qantas Airways disclosed its second-highest outcome in the company's history. Evidently, the airline's underlying revenue before tax went up to AUD1.4 billion by June 30.
In South Korea Kospi grew 0.10%.
Samsung Heavy went up 4.65%, Samsung SDI ascended 0.52%. However, Samsung Electronics went down 0.34%.
In Hong Kong, the Hang Seng index jumped 0.68%, the Shanghai Composite surged 1.16%.
Overnight, American shares concluded lower because a soar in retail equities led by Abercrombie and didn’t manage to inspire a broad based soar because traders shifted to monetary policy, as the annual major banking symposium got underway.
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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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