Facebook crashed
Zuckerberg has lost 7 billion dollars as companies pull adds from Facebook. Catch the moment!
EU markets start higher
On Wednesday, European markets started higher because hawkish comments by Fed Chair Janet Yellen drove market sentiment.
The EURO STOXX 50 ascended 0.66%, Germany’s DAX 30 gained 0.48% and France’s CAC 40 rallied 0.26%.
In Tuesday’s speech Fed Chair Janet Yellen told that the Fed needs to keep raising rates gradually notwithstanding uncertainty regarding the path of inflation.
Meanwhile, market participants started accepting the fact that German Chancellor Angela Merkel is going to have months of coalition negotiations to form a stable government.
Political risk in Spain is still actual, with the Catalan authorities intending to hold a referendum on whether to break up with Spain on Sunday notwithstanding opposition from the Spanish government.
In general, financial equities grew because French lenders BNP Paribas and Societe Generale rallied 0.45% and 0.29% respectively. At the same time Commerzbank and Deutsche Bank soared respectively 1.17% and 1.24% in Germany.
FTSE 100 jumped 0.44% in London.
Similar
Nike stock: a gap down is in focus
Lower-than-expected earnings may pull the stock down
One stock to buy right now
The last chance to catch good prices. Here’s 3 reasons why.
Latest news
Risk-on is back. Market news and trade ideas on July 9
Riskier currencies and stocks are in favor of investors. Surprisingly, gold rallies too. Let’s have a closer look.
GOLD: the era of $1 800
Congratulations! Gold has just opened a new era... or, rather, reopened...
Canadian job data: an attractive release for trading
Canada will publish the employment change and the unemployment rate on July 10, at 15:30 MT time.
Deposit with your local payment systems
