Online Forex broker
On Friday, EU stocks dipped moderately in early trade, with the UK’s FTSE outperforming after the British pound reached a two-week minimum, while the overnight sag in crude prices affected energy stocks.
The British pound went down after a survey disclosed a lead for Prime Minister Theresa May's Conservatives over the opposition Labor Party had steeply decreased before a national elections, scheduled on June 8.
The pan-European STOXX index decreased 0.4% and euro zone blue chips went down by a similar amount. Meanwhile, the export-heavy FTSE stood still.
The oil & gas index lost 1.2% right after OPEC extended output drops, although disappointed market participants bet on larger and longer curbs, while crude prices revived part of the heavy tumble seen on Thursday.
Additionally, Petrofac descended more than 3% after some brokers more than halved their price targets. The British oilfield services company dropped 30% last session after it dared to suspend its chief operating officer, thus reacting to a British investigation into alleged corruption, bribery as well as money laundering.
On Wednesday, European equities reached their lowest value for two weeks because data disclosing that the German and Japanese economies shrank in the third quarter drove fears about global surge in the face of a dive in crude prices…
On Tuesday, European equities managed to rally, tracking global profits, although advances were tamed by weakness for key crude companies because oil prices go down…
On Tuesday, Asian equities pared losses due to the fact that expectations for a de-escalation of the China-US trade conflict gained support from reports that China's major trade negotiator was about to visit America ahead of a gathering between the two…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
