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 sharply decline after Barcelona attack
On Friday, European equities started steeply because market sentiment weakened reacting to news of a recent terrorist attack in Barcelona, while political turmoil in America also kept rattling traders’ confidence.
The EURO STOXX 50 lost 0.89%, Germany’s DAX 30 dipped 0.69%, France’s CAC 40 decreased 0.90%, while Spain’s IBEX 35 inched down 0.98%.
Market sentiment was affected after on Thursday a van suddenly rammed into pedestrians in a crowded tourist area, Barcelona, murdering 13 people and injuring up to 100 others.
Financial markets were also anxious after on Wednesday eight chief executives abandoned two business advisory councils protesting over Donald Trump’s quite controversial statement on weekend violence in Virginia.
Financial equities broadly declined because French lenders BNP Paribas as well as Societe Generale lost 1.71% and 1.32% respectively. Meanwhile, Germany’s Commerzbank as well as Deutsche Bank went down 1.19% and 2.22% respectively.
FTSE 100 sagged 0.61% because British lenders tracked their EU rivals lower.
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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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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
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