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On Thursday, European stocks started higher because market participants were monitoring the European Central Bank's approaching monetary policy verdict, amid ascending expectations that the EU’s major financial institution will announce the unwinding of its highly anticipated asset-purchase program.
The EURO STOXX 50 grew 0.27%, Germany’s DAX 30 soared 0.56% and France’s CAC 40 gained 0.15%
The ECB was believed to leave interest rates intact later on Thursday. Traders were especially waiting for comments by ECB President Mario Draghi for any clues as for the future path of the key bank's stimulus program.
Besides this, market sentiment rose after Donald Trump concluded a shocking deal with Democrats in Congress for the purpose of extending the debt ceiling.
Well, if passed by the Republican-led Congress, the given agreement would ensure government funding until December 15, thus averting an unprecedented default on American government debt.
In London, FTSE 100 soared 0.04%, underpinned by Imperial Brands, whose equities rallied 2.94%.
On Friday, the major US indices went down amid a drop in the consumer sector led by shares of tobacco manufacturers as well as technology companies…
On Thursday, China's stock market concluded up due to strengthening sectors of oil and gas equipment, insurance as well as gas and water supply…
On Thursday, stock indices of Western European countries concluded in positive territory on expectations of positive corporate reporting as well as signals on mitigation of some factors of geopolitical tension…
On Monday, the euro drifted away from peaks reached in the Asian session because market participants took profits from its revenues after centrist Emmanuel Macron's win over the far-right Marine Le Pen in France's presidential election…
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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