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On Monday, losses from PostNL and Paddy Power Betfair definitely supplanted strong basic resources as well as energy stocks, thus suppressing European stocks, following robust profits in the previous session.
The pan-European STOXX 600 index sank 0.1% after early revenues, having faced its best trading day for three weeks on Friday because the common currency dipped, assisting dollar-earning firms to make gains.
Euro zone blue-chips reported 0.1% gains. Meanwhile, Germany's DAX stood still and UK stocks went up 0.2%.
Some market participants warned the worst of the hit of a stronger common currency on EU shares could be yet to emerge. The common currency will probably have an impact during the third quarter.
PostNL equities descended 6.4% after the Dutch postal company unveiled its full-year revenues would come in at the lower end of hopes because of regulatory changes.
On Wednesday, European equities surged due to the fact that Italian financial institutions rebounded on expectations that Rome could come to a compromise with Brussels over its budget plans…
On Wednesday, Asian equities kept rebounding following a steep dive on Wall Street overnight…
On Tuesday, American futures declined by 1% because a technology rout in the previous trading marathon provoked by fears over iPhone sales affected investors' appetite for high-surge companies…
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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