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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.
On Monday, US stocks surged because dives in Boeing and Facebook held profits in check and traders closely watched this week's Fed gathering for affirmation of the major financial institution’s commitment to patient monetary stance…
On Friday, European equities went up, breaching a five-month maximum recorded yesterday because market participants cheered upbeat signals over US-China trade negotiations and after British lawmakers underpinned a delay of a chaotic departure from the EU…
On Friday, Asian equities surged because market sentiment got better on a report that more progress has been achieved in US-China trade negotiations and after British lawmakers decided to postpone a potentially chaotic departure from the European bloc…
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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