EU equities conclude up
On Wednesday, EU key equities concluded up, recording their fourth straight winning marathon due to profits in the materials as well as chemicals sectors…
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
American equities stand still, as trade tensions resume
On Wednesday, American futures pointed to a lower start because market participants still worry over worsening trade war tensions…
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…
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
