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 slide on trade concerns
On Thursday, the New Year soar in Asian equities petered out because of worries as for soaring American protectionism, and bonds rebounded after China's regulator informed a report about Beijing slowing or even stopping of its American bond purchasing was wrong.
Bitcoin inched down more than 11% after South Korea told it was working out a bill to finally ban trade in the cryptocurrency.
MSCI's index of Asia-Pacific equities lost 0.5%, diving further from Tuesday's 10-year maximum. As for Japan's Nikkei, it also decreased 0.5%.
American Treasuries pared some of their losses, bringing down the 10-year yield to about 2.531% from Wednesday's ten-month maximum of 2.597%, reached after a Bloomberg report that China’s actually considering slowing or stopping its purchases of American Treasury bonds.
On Wednesday, American stocks snapped their New Year soar, while the Canadian dollar as well as the Mexican peso went down after a Reuters report informed that Canada is assured that Donald Trump is about to announce his intention to break up with the North American Free Trade Agreement treaty.
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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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