
BoA has tracked signs of the upcoming stock market sell-off. While more expensive and at-risk stocks are set to fall, value stocks should survive.
On Thursday, European equities started steady to lower because fresh tensions in Washington affected market sentiment and traders awaited euro zone inflation data due to be issued later in the day.
The EURO STOXX 50 sagged 0.01%, Germany’s DAX 30 dipped 0.12% and France’s CAC 40 soared 0.01% higher.
Market participants were still cautious after Donald Trump dared to disband two high-profile business advisory councils, thus spurring worries over his ability to proceed with his economic reforms.
Traders were also waiting for a final report on euro zone consumer price inflation, not to mention the minutes of the European Central Bank’s recent policy gathering for potential clues on when the major financial institution will start tapering its asset purchase program.
Wednesday’s reports disclosed that ECB President Mario Draghi isn’t going to roll out any fresh monetary policy clues during the US Federal Reserve's Jackson Hole conference.
FTSE 100 inched down 0.17% in London, suppressed by Hikma Pharmaceuticals PLC, whose equities declined 8.50% having lowered its guidance for 2017 generics sales.
BoA has tracked signs of the upcoming stock market sell-off. While more expensive and at-risk stocks are set to fall, value stocks should survive.
On Saturday, the US Food and Drug Administration approved Johnson&Johnson’s vaccine for emergency use against Covid-19. Will JNJ rise?
The giant chip maker exceeded analysts’ expectations. Even with a global GPU shortage!
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
The European Central Bank publishes its monetary policy statement that includes an announcement of the interest rate on March 11, at 14:45 MT time.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.