Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
European stocks are mixed as worries over French elections ease
On Tuesday, European stocks were mixed, as two surveys revealed that centrist Emmanuel Macron was considered to be the most convincing nominee in a debate between presidential candidates in France.
The benchmark Euro Stoxx 50 surged 0.22%, France’s CAC 40 rallied 0.28%, though Germany’s DAX 30 edged down 0.02%.
The apparent victory eased worries that right-wing as well as anti-euro candidate Marine Le Pen, who has pledged to leave the single-currency bloc if elected, would definitely win out in the French elections, simultaneously bringing the common currency to six-week peaks.
Additionally, market participants looked ahead to the February inflation data from Great Britain. Experts hope that the consumer price index in this country will reach its highest value since November 2013 in a return to the BOE’s 2% objective.
In London, the FTSE 100 decreased 0.06%, as traders waited for the inflation data.
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
The South African Finance Minister is delivering a budget speech today. There may be a strong impact on ZAR, so what's going to happen?
Canadian monthly GDP will be out at 15:30 MT time on Friday.
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.