London — European stock indexes faltered on Friday, even after strong Amazon earnings, while a sell-off briefly pushed German 5-year bonds positive for the first time in four years after the European Central Bank was more hawkish than expected.
But the MSCI world equity index, which tracks shares in 50 countries, was still up about 0.2% on the day and set for its best week so far this year. The euro jumped on Thursday and extended its gains on Friday, hitting a three-week high. At 9.21am it was up 0.1% at $1.1455. “In other markets, we’ve got a series of hikes priced in and so it may well be now that European markets have to digest the possibility of that.”
But Australia’s central bank was still content to keep policy ultra-loose in its quarterly statement on monetary policy, even as it sharply revised up its outlook for inflation and projected unemployment at 50-year lows.
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Stocks advance on strong earnings, oil flat before OPEC+Soaring profits at Google parent Alphabet and upgraded earnings forecast by Sony helped lift sentiment ahead of monetary policy announcements Thursday from the European Central Bank and Bank of England.
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Stocks extend gains on strong US earnings, weak economic reports - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Global stocks staged a recovery on Wednesday as strong earnings from US technology companies and OPEC+ plans for moderate oil output helped to counter jitters over weak economic reports. I'm sharing this because this was exactly how i saw so many posts about William church and how he was helping individuals with their trades and i decided to give it a try and luckly it went well, Contact him via his profile link below 👇👇 williamchurch09
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