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On Monday, American stock index futures didn’t change, reacting to a record-setting week because traders paid attention to President Donald Trump's Asia tour as well as crude prices that rallied to its highest value for two years after Saudi Arabia dared to crack down on corruption.
Saudi Arabia's future king suddenly tightened his grip on power. For this purpose he arrested royals, ministers as well as investors, including well-known billionaire Alwaleed bin Talal.
The given news powered fears of Middle Eastern money escaping global financial markets. By the way, a nephew of the king as well as owner of investment company Kingdom Holding, Prince Alwaleed has stakes in Citigroup and also Twitter.
Market participants also monitored Donald Trump's Asia tour. He’s on the second day of a 12-day tour, devoted to North Korea's nuclear missile programs as well as trade.
In October, American job surge accelerated, as the Labor Department told, although wages ascended at their slowest annual tempo in more than 1-1/2 years.
Stocks of Qualcomm gained 3.1%, Advanced Micro Devices grew 5.1%.
Additionally, Dow e-minis slid 0.08%, S&P 500 e-minis lost 0.03% and Nasdaq 100 e-minis gained 0.03%.
On Thursday, American equities headed south due to the fact that gloomy earnings reports from industrials backed fears about soaring expenses as well as the impact of levies, contributing to worries over higher borrowing costs after hawkish remarks from…
On Wednesday, American equities lost in their value in rather a choppy trading session, unable to proceed with their surge from the previous trading marathon because IBM snapped a run of firm blue-chips profits and gloomy housing data suppressed Home…
On Tuesday, American equities surged after the close because profits in the Healthcare, Technology as well as Consumer Services sectors backed stocks…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
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…
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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