
On Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
On Tuesday, Asian equities managed to soar right after American senators struck a deal to have a three-day government shutdown resolved, thus sending Wall Street's key indexes to record maximums, while the evergreen buck slumped versus the Japanese yen after the BOJ kept policy intact.
On Monday, American lawmakers managed to approve a short-term measure to finance the federal government at least untill February 8.
MSCI's index of Asia-Pacific equities rallied 0.7% demonstrating a new record maximum.
Australian equities ascended 0.7%, South Korea's KOSPI gained 1%. As for Japan's Nikkei N225, it tacked on 1.1%.
The brief American government shutdown put only a slight dent to stocks, with Wall Street soaring to record maximums overnight following the deal to cope with the long-lasting impasse in the US capital.
Additionally, the evergreen buck dived 0.33% hitting 110.550 yen.
On Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
On Thursday, Wall Street shrugged off early losses because a sudden dive in retail sales affected investor hopes for progress at the everlasting US-China trade negotiations in Beijing…
On Wednesday, European equities went up because upbeat mood about Washington and Beijing trade negotiations backed global markets, while data revealed that earnings surge estimates for the European Union are stabilizing after abrupt downward revisions…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
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…
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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