UK equities generally jump
On Friday, the British stock market was seen concluding the trading marathon up…
Asian equities take a time out
On Tuesday, Asian equities took a tiny step back after three straight trading winning sessions, with financial markets consolidating hoping that an upswing in global surge could outlast a probable hike in American borrowing costs this week.
The latest upbeat news arose from China where in November financial institutions doled out a shockingly generous dose of credit that could bode well for a pick up in industrial output and retail sales due later in the week.
MSCI's index of Asia-Pacific equities outside Japan drifted off 0.3%, having bounced 2% for the last three trading sessions.
Wall Street had been driven by energy and technology equities, with Apple Inc making the greatest contribution. The Dow edged up 0.23%, the S&P 500 gained 0.32%, the Nasdaq leapt 0.51%.
On Wednesday, the Fed is expected to conclude its two-day gathering, while the ECB meets on Thursday.
The common currency has gained 12% on the greenback this year.
Similar
Asia-Pacific stocks are mixed
On Friday, Asia-Pacific stock indices were quite mixed amid cautious trading after US President Donald Trump dared to cancel the highly anticipated summit with North Korean leader Kim Jong-no and also accused North Korea of showing great anger as well…
American equities are seen tumbling
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…
Popular
America will probe German and Japanese car makers over alleged patent violations
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…
Gold edges down toward 3-week minimum after Congress hits spending deal
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…
Crude edges down in Asia on Caixin PMI
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…
Deposit with your local payment systems
