Online Forex broker
On Wednesday, Asian stocks went down from eight-month peaks because the International Monetary Fund lowered its global surge outlook and America and the EU locked horns over levies in another escalation of trade tensions.
Eventually, European stocks were poised to start lower, with the UK’s FTSE futures slumping by 0.1% and Germany's DAX stocks diving by 0.02%.
MSCI's index of Asia-Pacific stocks headed south by 0.1%, just a day after it reached its highest value since August 1.
As for the Shanghai Composite Index, it inched down by 0.4%, while Japan’s Nikkei declined by 0.7%.
Meanwhile, on Wall Street, the S&P 500 went down by 0.61%, while the Nasdaq Composite decreased by 0.56% on Tuesday.
Overnight, American data contributed to the cautious mood, with job openings slumping to an 11-month minimum in February and driving doubts as for the strength of the American labor market that has been one of the few bright spots in the US economy.
Meanwhile, American leader threatened to slap duties on $11 billion worth of EU products, thus powering tensions over a long-running transatlantic aircraft subsidy conflict.
Global debt yields generally stood still, with the 10-year American Treasury yield being worth 2.49%, which is off its 15-month minimum of 2.340% recorded late last month.
Key currencies were little affected with an immediate focus on the EU leaders' summit as well as the ECB’s policy gathering.
EU leaders will most probably grant UK Prime Minister Theresa May another delay to Brexit, although they could demand Theresa accepts a much longer extension due to the fact that France pushed for conditions to restrict the UK’s ability to undermine the EU.
The UK pound was nearly intact, sticking with $1.3059.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.
Every week we expect many interesting events that can shake the market.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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.
|
