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On Monday, European markets started lower because the previous week positive German economic data kept lending broad support to the common currency.
The EURO STOXX 50 went down 0.11%, Germany’s DAX 30 lost 0.14%, while France’s CAC 40 declined 0.15%.
The euro was boosted after Friday’s data showed that in November German business confidence reached a record maximum, thus putting the euro area’s number one economy on track for a boom.
The data emerged just one day after official data disclosed that exports as well as soaring business investments happened to be the key drivers of euro zone surge in the third quarter, pointing that the sturdy upswing is going to extend well into 2018.
FTSE 100 dived 0.09% in London, suppressed by Mediclinic International PLC – its equities went down 2.23%.
In the USA, the Dow Jones Industrial Average futures dived 0.03%, S&P 500 futures declined 0.03%, the Nasdaq 100 futures headed south 0.01%.
On Tuesday, American equities were set to start lower because gloomy earnings from industrial bellwethers Caterpillar as well as 3M backed worries over Italy's finances, Saudi Arabia's diplomatic isolation as well as trade conflict fears…
On Tuesday, an ugly start to EU trading pushed world equities towards their lowest value for a year due to the fact downbeat drivers from Saudi Arabia's diplomatic isolation to fears about Italy's finances as well as trade clashes pressured market…
On Tuesday, Asian equities headed south because earnings season worries in America affected Wall Street, while a mixture of downbeat drivers from Saudi Arabia's diplomatic isolation and fears over Italy's budget as well as Brexit negotiations put…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
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…
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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