Wall Street starts higher
On Tuesday, Wall Street managed to rally due to the fact that market participants neglected news that China is going to respond to another pack of American levies…
European stocks inch down
On Monday, European stocks declined, following the global trend as market partisans fretted that Donald Trump’s failure to gain enough support to replace health care turned to be an indicator of troubles he might have in the future with other promised fiscal policies, including tax reform or infrastructure spending.
Nearing midday trade in Europe, the Euro Stoxx 50 dived 0.53%, France’s CAC 40 declined 0.46% and Germany’s DAX 30 slumped 0.84%.
Asian stocks concluded lower earlier, while American futures pointed to a lower start.
Safe-haven assets, including the Japanese yen as well as precious metals, gained demand, as the greenback takes a hit.
The US dollar index, normally tracking the greenback’s actual value against a trade-weighted basket of crucial currencies, decreased 0.61%, being worth 98.98.
Against the yen, the greenback dipped approximately 1% to its lowest value since November, while the common currency reached its highest value against the US dollar since December.
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Asian equities jump
On Tuesday, Asian equities managed to surge due to the fact that market participants mostly neglected the latest round of American levies on $200 billion of China’s products set to come true next week…
European equities nearly neglect American trade war salvo
On Tuesday, European equities started nearly intact right after American leader dared to slap 10% levies on an extra $200 billion worth of China’s imports, and also warned of duties on more goods if the Asian country got down to retaliatory actions…
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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…
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