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On Wednesday, European equities started lower because geopolitical tensions between America and North Korea grew, helping market participants once again to shift to safer assets.
The EURO STOXX 50 lost 0.28%, Germany’s DAX 30 declined 0.17% France’s CAC 40 dipped 0.28%.
Market sentiment dropped after on Tuesday a North Korean diplomat announced that North Korea was ready to deliver more surprises to America.
The threat arose after on Sunday the isolated nation conducted its sixth and greatest ever nuclear test, thus making US Defense Secretary James Mattis tell that any threat to America or its allies would be repelled with a huge military response.
Financial stocks generally declined because French lenders BNP Paribas along with Societe Generale inched down respectively 0.14% and 0.81%. At the same time Deutsche Bank tumbled 0.12% in Germany.
In Great Britain FTSE 100 slumped 0.45%, pressured by Barratt Developments, whose equities decreased 4.17%.
On Wednesday, upbeat signs from trade negotiations between the world's two leading economies spurred EU equities, while the threat of a blocked merger deal had Sainsbury's shares suppressed…
On Tuesday, American shares struggled for direction due to the fact that profits in Walmart compensated losses in financials, with trade negotiations between China and America in focus…
On Monday, British equities generally slipped after the close…
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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