S&P and Dow demonstrate record maximums
On Friday, the S&P 500 along with the Dow demonstrated record maximums for the second straight day…
Asian stocks are mixed as Tokyo revives after muted Wall Street
On Tuesday, Asian stocks traded mixed, with Tokyo reviving after America demonstrated a muted reaction to President Donald Trump's inability to replace Obamacare.
Japan's Nikkei 225 inched up 1.07%, reviving from a steep drop overnight as Lenovo Group and Fujitsu announced the postponement of their target date for a final agreement on their personal computer business tie-up. Stocks of Fujitsu rallied 2.70%t and the Hong Kong-listed Lenovo surged 1.23%.
In Australia, the S&P/ASX 200 soared 1.15%. However, retail company Myer dipped 4%, having soared 18% on Monday amid rumors that a takeover bid was on the cards.
The Shanghai composite tumbled 0.26%, while Hong Kong's Hang Seng index gained 0.49%.
Overnight, American stocks closed mostly lower on, as market participants mulled over President Trump’s ability to push through major proposals, which include tax reform, right after on Friday the healthcare bill was dropped.
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On Wednesday, EU key equities concluded up, recording their fourth straight winning marathon due to profits in the materials as well as chemicals sectors…
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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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