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 reach two-year peak after Fed hints at gradual tightening
On Thursday, Asian stocks hit two-year peaks, while the evergreen buck and American bond yields dipped after the Fed signaled a cautious approach to future rate lifts as well as the reduction of its $4.5 trillion of bond holdings.
MSCI's broadest index of Asia-Pacific stocks soared 0.7%, reaching its highest value since June 2015, and also bringing its revenues to 17% so far in 2017.
The revenues were led by South Korean stocks that inched up 1%, reaching record peaks. In Hong Kong, the Hang Seng tacked on 0.8%, getting to its highest level since July 2015. Meanwhile, Taiwanese stocks conquered 17-year peaks.
Japan’s Nikkei leapt 0.4%.
As for mainland Chinese stocks that were unsettled by Moody's sudden downgrade of its credit rating on China on Wednesday, they retreated 0.3%.
The Canadian dollar grew to a five-week peak of C$1.3402 per greenback right after the Bank of Canada was more optimistic as for the country’s economy than some traders had actually expected.
Similar
American futures tack on
On Thursday, American equities jumped a bit due to the fact that market participants set aside fears over the everlasting trade conflict between China and America and turned their focus to economic data as well as earnings out later in the trading…
EU equities conclude up
On Wednesday, EU key equities concluded up, recording their fourth straight winning marathon due to profits in the materials as well as chemicals sectors…
Latest news
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…
Deposit with your local payment systems
