Wall Street starts higher
On Tuesday, Wall Street managed to rally due to the fact that market participants neglected news that China is going to respond to another pack of American levies…
European shares decline with BoE decision in focus
On Thursday, European shares dropped because market participants were still digesting fresh American political events. Moreover, financial markets were waiting for the Bank of England’s policy verdict.
The EURO STOXX 50 edged down 0.13%, French CAC 40 dipped 0.11%, while German DAX 30 declined 0.09%.
Financial markets were still anxious after Donald Trump’s shocking decision to have FBI Director James Comey fired.
As for financial stocks, they showed mixed performance. French lenders BNP Paribas along with Societe Generale decreased respectively 0.28% and 0.57%, and Deutsche Bank tumbled 0.39%. Additionally, Commerzbank grew 0.38%.
Italian Intesa Sanpaolo as well as Unicredit gained respectively 0.22% and 0.15%, while Spanish banks Banco Santander and tacked on 0.36% and 0.56% respectively.
Aside from that, in London, the FTSE 100 jumped 0.17%, underpinned by revenues in the mining sector.
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Asian equities jump
On Tuesday, Asian equities managed to surge due to the fact that market participants mostly neglected the latest round of American levies on $200 billion of China’s products set to come true next week…
European equities nearly neglect American trade war salvo
On Tuesday, European equities started nearly intact right after American leader dared to slap 10% levies on an extra $200 billion worth of China’s imports, and also warned of duties on more goods if the Asian country got down to retaliatory actions…
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Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
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…
Greenback edges down
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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