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…
Philippines equities decline at close of trade
On Friday, Philippines stocks went down after the close because losses in the Holding Firms, Services as well as Banking & Financials sectors suppressed stocks.
The PSEi Composite headed south 1.64%.
On the PSEi Composite the best performers were represented by such benchmarks as First Gen Corp, Alliance Global Group Inc and Metropolitan Bank and Trust Co. They rallied respectively 1.81%, 0.38% and 0.33%.
Meanwhile, the worst performance was demonstrated by Bank of the Philippine Islands, Aboitiz Power Corp and Aboitiz Equity Ventures Inc. They inched down respectively 4.16%, 4.14% and 4.00%.
Diving equities supplanted growing ones on the Philippines Stock Exchange by 107 to 77, while 59 were intact.
The currency pair CNY/PHP headed south 0.62% being worth 7.7207, USD/PHP inched down 0.47% trading at 51.180.
The US Dollar Index Futures gained 0.10% showing an outcome of 94.71.
Meanwhile, December delivery gold futures lost 0.11% trading at $1276.74 a troy ounce.
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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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