Asian equities dive
On Tuesday, Asian equities headed south along with crude prices due to the fact that downbeat mood about world surge drove traders away from risky assets…
Wall Street start lower on concerns over delay in corporate tax cuts
On Friday, Wall Street equities were set for a weaker start on worries that a delay in corporate tax cuts until 2019 might stall the market soar, partly caused by Donald Trump's election pledge to spur corporate revenues and add jobs.
Senate Republicans have disclosed a tax-cut initiative, which would postpone lowering corporate rate to about 20% by a year and give small-business owners a deduction rather than a separate business rate.
The Senate Republicans variant of the bill differs greatly on business, corporate as well as individual tax cuts from legislation detailed by their rivals in the House of Representatives.
The S&P 500 index has headed north more than 20% since the 2016 presidential election, driven by Trump's pledges.
All three key indexes found themselves on track to conclude lower for the trading week. The S&P and the Dowon track demonstrated weekly dives after eight straight weeks of revenues.
Similar
FTSE 100 heads north on China data
On Monday, London markets managed to gain due to the fact that traders weighed up the latest China surge data and also waited for UK Prime Minister Theresa May to outline her fresh Brexit proposal to the country’s parliament…
EU equities tumble from six-week maximums on Chinese GDP data
On Monday, European equities dived from six-week maximums after China's fourth-quarter surge figures confirmed a deceleration in the world's number two economy with the previous year its worst year since 1990…
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
