European stocks ground out a tiny gain on Monday, as a pair of big merger reports and a weak pound sent London's FTSE 100 higher, while defensive plays dominated other major markets ahead of Wednesday's US Federal Reserve policy decision.
The exporter-heavy index also drew support from a slide in sterling on a perceived rise in the chances of Britain exiting the European Union without a deal under new Prime Minister Boris Johnson.Ireland's main stock index ISEQ, which has tended to fall on fears of a disorderly Brexit, skidded 0.9 per cent.
The Fed is widely predicted to cut rates by a 25 basis point for the first time in a decade on Wednesday, but investors will be watching its statement for clues on whether that is just the start of new cycle of easing by the US central bank.
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Sterling tumbles on Brexit woes as London stocks soarLONDON: The pound fell to levels not seen in over two years on Monday (Jul 29) as a no-deal Brexit seemed ever more likely, while London stocks ...
منبع: ChannelNewsAsia - 🏆 6. / 66 ادامه مطلب »
Singapore stocks: STI resumes Monday afternoon down 0.7% at 3,341.22THE Singapore benchmark, like most of its regional peers, entered the afternoon session trading lower during a week where the US Federal Reserve is expected to announce a rate cut and US and Chinese officials are scheduled to meet for trade talks in Shanghai. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »
Hong Kong: Stocks close down after more protests[HONG KONG] Hong Kong stocks closed lower Monday amid investor caution ahead of US-China trade talks and more civil unrest in the financial hub. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »
Tokyo: Stocks open lower[TOKYO] Tokyo stocks opened lower on Monday, shrugging off rallies on Wall Street as investors remained cautious amid corporate earnings season. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »