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On Wednesday, Asian stocks grew, while US Treasury yields as well as the greenback got a lift after a report that Republican senators considered John Taylor to be the next Fed Chair.
European stock futures STXEc1 slumped 0.2%, while Dax futures lost 0.2% too. As for CAC 40 futures, they decreased a bit.
MSCI's index of Asia-Pacific equities recovered from early sluggishness and jumped 0.1%.
However, Japan's Nikkei stock index N225 erased revenues and dipped 0.5%, thus confounding a record 16 straight session of profits, which had continued after the win of Prime Minister Shinzo Abe's coalition in the election on Sunday powered traders’ hopes that his policy would keep the Japanese yen weak enough.
Notwithstanding Wednesday's stock weakness, Shinzo’s victory is expected to have overseas investors reassured. They had been concerned over policy continuity. As a result, fresh money will most likely enter the Tokyo market, as market experts point out.
Meanwhile, China's blue-chip CSI300 index edged up 0.3%, the Shanghai Composite Index soared 0.2%.
On Thursday, the American stock market dived at the beginning of the trading session amid news that US President Donald Trump canceled a scheduled meeting with North Korean leader Kim Jong-no…
On Thursday, European markets rallied, as investors watched the steep increase in financial as well as technological stocks…
On Wednesday, American stock indices dived due to a new round of geopolitical as well as foreign trade risks…
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
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