American equities stand still as trade and economic fears weigh
On Monday, American futures were generally intact suppressed by trader fears over the world’s economic deceleration…
Asian stocks mostly tack on after Moody's China downgrade
On Wednesday, Asian stocks mostly grew after Moody's downgraded China's credit rating. Additionally, market participants waited for minutes from the Fed as well as an approaching OPEC gathering.
Japan's Nikkei 225 headed north 0.56%, South Korea's Kospi grew 0.13% and Australia's benchmark S&P/ASX 200 index leapt 0.11%.
Ahead of the issue of the Fed’s minutes of its April gathering, scheduled for Wednesday, traders parsed Minneapolis President Neel Kashkari’s comments. He told that while the American economy is closer to full employment than it actually was in March, he’s concerned over the slower pace of core inflation amid a soar in employment.
Thursday’s upcoming OPEC gathering turns to be another potentially market-moving event. Crude prices have been ascending on expectations that OPEC-led output cuts are going to be extended with non-OPEC major producer Russia also in the pact.
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Asian equities surge ahead of major policy events in America and China
On Monday, Asian shares surged because market participants cautiously looked to whether major policy events in China and America could soothe fears about decelerating global economic surge or not…
American futures inch down on fears of decelerating global growth
On Friday, American futures went down because traders worry about decelerating economic surge in China and in other countries…
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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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