European equities keep to two-year maximums before BoE decision
On Thursday, European stocks kept to two-year maximums, with trading muted as market participants battened down the hatches ahead of the BoE’s policy gathering.
The STOXX 600 stabilized near two-year maximums, with German, British and French equities also broadly intact as market participants waited for the BOE's 1200 GMT verdict.
Britain’s major financial institution is believed to have interest rates raised for the first time since 2007. If it decides to leave rates intact it might bring disruptive consequences, as financial experts state.
However, the calm was confounded by gambling technology company Playtech, whose stocks went down 21% after warning on revenue because of a slowdown in parts of Asia as well as issues with a bingo contract.
Firm outcomes from oil services firm Tenaris gave the stock +6% and assisted Italy's benchmark FTMIB to outclass rivals, letting it gain 0.4%.
The US-China trade war escalates
More tariffs were introduced
Stocks of technological companies fell, pay attention to earnings
Yesterday, the US Justice Department announced a broad antitrust review ...
Futures head south after China data points to decelerating retail sales
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
Crypto assets decline as OECD demands global ICO regulation
On Monday, crypto assets tumbled due to the fact that the Organization for Economic Cooperation and Development drew attention to the necessity of the global regulation of initial coin offerings…
German exporters don’t care about stronger euro
German exporters demonstrate ascending optimism as for their business prospects because growing demand from other euro zone countries helps to compensate worries regarding the strengthening currency, as the Ifo economic institute told on Wednesday…
Japan's October machinery orders tack on
In October, Japanese machinery orders rebounded with a faster soar than anticipated, thus re-affirming the resilience of capital spending, which is a major driver in the Japanese economy's almost two-year expansion…