There are some doubts about Apple sustainability amid coronavirus. Who will buy and who will produce new IPhones?
European shares start higher ahead of ECB verdict
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%.
The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
US Fed comes right on time with the crisis support program announcement. How does the stock market react?
We could gain from buying emerging-market currencies such as South African rand, Mexican peso and Brazilian real.
Here are the most important topics that will determine the dynamics of currencies, commodities and stocks on Thursday, April 9. N