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On Friday, European stocks went down because a fresh flow of corporate earnings didn’t manage to change the overall mood of the previous trading session, suppressed by the European Central Bank's policy gathering that pushed the common currency close to a two-year peak.
The STOXX 600 was 0.1% lower, extending the previous session’s losses because the common currency applied pressure on exporters.
All key European bourses sank moderately, though a number of blue chips found themselves in the black due to upbeat updates.
Vodafone, the world's number two mobile operator, posted better-than-expected profit ascend in its first quarter. The company’s revenue extended 2.3%.
Meanwhile, Philips Lighting, the world's largest producer of lights, edged down 7.6% after posting its second-quarter outcome.
French car parts producer Valeo lost 3.9%.
Deal-making also brought some huge profits, with payments company Paysafe ascending 8.6% having received a bid from Blackstone as well as CVC Capital Partners.
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…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Tuesday, gold rallied because uncertainty over the latest developments in Britain’s departure from the EU backed safe haven demand and traders looked ahead for American inflation data to underpin the Fed’s pledge to remain on hold…
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