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On Wednesday, European markets started lower because market participants focused on a batch of euro zone economic reports expected to be published early in the trading session, while worries over new American tariffs affected market sentiment.
The EURO STOXX 50 went down 0.09%, Germany’s DAX 30 dipped 0.02%, France’s CAC 40 lost 0.17%.
Financial markets were jittery after on Tuesday Donald Trump approved tariffs on solar cells as well as washing machines imported to the United States.
Research group Markit told that its German manufacturing purchasing managers index headed south to 61.2 in January versus December’s outcome of 63.3, while the services PMI soared to 57.0 from 55.8.
Markit added that in January French manufacturing PMI lost 58.1 from 58.8 in December, while the services PMI inched up from 59.1 to 59.3.
Market particiapnts were still waiting for data on manufacturing as well as service sector activity for the whole euro zone.
FTSE 100 dived 0.26% in London.
On Wednesday, Asian equities stood still due to the fact that worries over the outlook for global economic surge as well as the everlasting China-US trade clash kept market participants away from risky assets…
On Tuesday, Asian equities headed south along with crude prices due to the fact that downbeat mood about world surge drove traders away from risky assets…
On Monday, London markets managed to gain due to the fact that traders weighed up the latest China surge data and also waited for UK Prime Minister Theresa May to outline her fresh Brexit proposal to the country’s parliament…
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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