World stocks head for biggest monthly gains since May as Trump trades lift Wall Street

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 37 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 119%
  • Publisher: 78%

Kitco News News

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

LONDON, Nov 29 - Global shares headed on Friday for their biggest monthly gains since May on hopes for strong U.S. growth, while Japanese rate hike bets and shifting euro zone monetary policy expectations put the dollar on track for its first weekly loss in four.

The dollar was most 0.9% lower at 149.93 yen after touching 149.53 yen in early European trade for the first time since Oct. 21 after Japan's government finalised a stimulus budget and inflation in Tokyo came in hotter than economists expected. The euro has recovered from crushing losses since the Nov. 5 U.S. election to gain 1.4% this week, to $1.059, supported by data on Friday showing euro zone inflation had higher, limiting bets for deep European Central Bank rate cuts.

Far-right leader Marine Le Pen, whose national rally won a strong share of vote in June's snap elections, has this week ramped up threats to topple Barnier's administration and sparked a rush out of French government debt.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Premarket: World stocks head for best month since May as Trump trades lift Wall StreetU.S. futures point to a higher open
Source: globeandmail - 🏆 5. / 92 Read more »

Stock market today: Wall Street drifts as the 'Trump trade' loses steamNEW YORK (AP) — U.S. stocks are drifting as momentum comes out of the “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 was flat early Tuesday, coming off its latest all-time high.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street drifts as the Trump trade coolsU.S. stocks are drifting Tuesday as some momentum comes out of the torrid 'Trump trade' that swept Wall Street following Donald Trump's presidential victory.
Source: CTVNews - 🏆 1. / 99 Read more »

Stock market today: Wall Street edges lower as the Trump trade coolsNEW YORK (AP) — U.S. stocks edged lower as momentum came out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.3% Tuesday, coming off its latest record.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street holds steadier after losing most of its Trump bumpNEW YORK (AP) — U.S. stocks are drifting as Wall Street holds steadier after seeing much of its rally following Donald Trump’s presidential victory dissipate. The S&P 500 was little changed in early trading Monday.
Source: SooToday - 🏆 8. / 85 Read more »