European markets start lower

European markets start lower

On Tuesday, European markets started lower, suppressed by dismal market sentiment in America and Asia overnight. Moreover, market participants were still cautious before a new bunch of corporate earnings reports.

The EURO STOXX 50 dived 0.28%, Germany’s DAX 30 slid 0.33%, while France’s CAC 40 lost 0.11%.

American and Asian markets were suppressed overnight amid ascending caution as Donald Trump was braced for talking to Congress.

Traders were also waiting for the Fed’s upcoming policy verdict for potential clues on the tempo of interest rate lifts in 2018. The major US financial institution is widely anticipated to have rates lifted three times this year.

As for financial equities, they showed mixed performance. French lenders BNP Paribas as well as Societe Generale went down respectively 0.54% and 0.85%. Additionally, in Germany Deutsche Bank dived 1.39%, Commerzbank acquired 0.15%.

FTSE 100 went down 0.37% in London.

 

Similar

Popular

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera