American futures inch down on fears of decelerating global growth
On Friday, American futures went down because traders worry about decelerating economic surge in China and in other countries…
European equities head south from 6-week maximum
On Monday, equities across the European Union inched down from a six-week maximum. The brewer Heineken NV lost ground on financial outcomes, with issues in the technology sector as well as global trade putting pressure on financial markets before July trade concludes this week.
The Stoxx Europe 600 index declined by 0.3% hitting 390.90, and the tech and utility sectors turned out to be the top losers. Additionally, the financial sector became the only top performer, although its jump wasn’t significant. The index gained 0.4% on Friday reaching 392.08, which is its strongest outcome since June 14. The previous week, the index tacked on by 1.7%, which is its best outcome since March 9.
The DAX 30 declined 0.3% in Germany being worth 12,827.01. The CAC 40 index dived by 0.4% in France, hitting 5,492.32.
The IBEX 35 declined by 0.1% in Spain reaching 9,861.00. In Great Britain, the FTSE 100 index managed to ascend by 0.3% trading at 7,677.55.
The currency pair EUR/USD managed to ascend to $1.1686.
Regional equities had rather a tough start in the second-to-last trading marathon of July.
Market participants are still closely watching the earnings season. Twitter gained 0.15%, Netflix headed south by 2.17%, and Facebook rallied by 0.06%.
In addition to this, the Technology Index FX8 headed south by 0.6%.
Apart from earnings, this week traders paid attention to the BOJ’s monetary policy statements. Additionally, they also required statements from the Bank of England and the Federal Reserve. On Wednesday, the Bank of England is anticipated to have its interest rate lifted to 0.75%. Moreover, it’s expected to come up with a quarterly inflation report.
Both the BOJ and the Fed are believed to proceed with lifting rates.
Heineken NV equities headed south by 3.6%. Siemens Healthineers dived by 3.5%.
Similar
Asian equities slip on dismal Chinese data
On Friday, Asian equities declined because China came up with a set of poor data, thus driving fresh worries of a deceleration in the world's number two economy and also leaving traders fretting over the wider effect of a yet unresolved China-US trade…
US equities inch down
On Thursday, American equities decreased in volatile trade because optimism provoked by progress in US-China trade negotiations faded away, with market participants preferring defensive sectors, including utilities and real estate…
Latest news
Weekly CryptoNews
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
Most Asian stocks post strong revenues with Nikkei rising more than 2%
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 real wages surge is slowest in almost two years
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…
Deposit with your local payment systems
