American equities stand still as trade and economic fears weigh
On Monday, American futures were generally intact suppressed by trader fears over the world’s economic deceleration…
European stocks dip as Ericsson sags
On Tuesday, European shares went down reacting to dismal outcomes from blue chips Ericsson and Lufthansa. Meanwhile, scaled-back hopes for monetary tightening by key banks drove some profit-taking in financials.
The STOXX 600 declined 0.3% because the basic resources sector dipped more than 1%.
Ericsson descended 11%, after reducing its forecast for the mobile infrastructure market and posting a wider than expected loss, which is another blow to a company already undertaking cost cuts.
Nokia stocks lost 2.9% because market participants read across to the Finnish mobile equipment producer.
Banks slid 0.5%,after comments from Fed and ECB policymakers, which pointed to a slower rate of monetary tightening in the EU and America than many traders were expecting.
Zalando applied pressure on the retail index right after it posted decreasing sales growth. The EU’s leading online fashion retailer told capacity problems at fresh warehouses held them back.
Similar
Asian equities surge ahead of major policy events in America and China
On Monday, Asian shares surged because market participants cautiously looked to whether major policy events in China and America could soothe fears about decelerating global economic surge or not…
American futures inch down on fears of decelerating global growth
On Friday, American futures went down because traders worry about decelerating economic surge in China and in other countries…
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
