Online Forex broker
On Thursday, Asian stocks sagged after the US major financial institution utilized a hawkish bent overnight, while dropping metals also weighed on Asian stock markets.
Australia's S&P/ASX 200 went down 0.45%, Hong Kong's Hang Seng Index lacked 0.39% and the Shanghai Composite descended 0.59%.
Due to the Greenery Day holiday Japanese markets were unavailable.
As for Australian resources benchmarks, Rio Tinto sagged 2.29%, BHP Billiton declined 0.67% because base metals lost favor.
The sag in copper prices became evident after a leap in inventories powered worries as for an economic slowdown in China, the world's number one copper consumer.
Overnight, American shares were mixed after the close because revenues in the Oil & Gas, Financials as well as Technology sectors brought stocks up, while losses in the Basic Materials, Telecoms as well as Utilities sectors brought stocks down.
The Dow Jones Industrial Average managed to grow 0.04% at the close in NYSE, while the S&P 500 index headed south 0.13%. As for the NASDAQ Composite index, it went down 0.37%.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Tuesday, gold rallied because uncertainty over the latest developments in Britain’s departure from the EU backed safe haven demand and traders looked ahead for American inflation data to underpin the Fed’s pledge to remain on hold…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
