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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 Thursday, Asian stocks rallied after the major US bank took a more accommodative stance at its policy gathering, although worries over US-China trade negotiations and decelerating global surged capped broad profits and suppressed some markets…
On Wednesday, American stocks were nearly intact because market participants awaited more clarity on the Fed’s interest rate outlook for 2019, while some trade fears still persisted…
On Wednesday, Asian stocks dived because investors took profits ahead of a policy decision by the Fed, anticipated to tell more about its interest rate plans for the rest of 2019…
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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