EU equities are backed by soaring crude
On Tuesday, European equities were underpinned in morning trade by profits among crude stocks…
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.
(1).jpg)
Similar
Asian equities struggle, as China-US trade conflict resumes
On Tuesday, Asian equities struggled because another round of US-China levies and a leap in crude prices to four-year maximums drove fears about risks to global surge…
US equities go down, as US-China levies kick in
On Monday, Wall Street's three main indexes slumped following another round of US-China trade levies and market participants expected an interest rate lift a day ahead of the Fed’s two-day gathering…
Latest news
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…
Deposit with your local payment systems
