News Formal

Earnings weigh on European stocks, sterling lower before Brexit votes

  • 📰 Reuters
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

European shares edged lower on Tuesday as talk of progress in China-U.S. trade t...

Shares of UBS led gains among banking stocks .SX7P after Switzerland’s biggest bank reported a smaller than expected loss in quarterly profit.

“This week is an important week for earnings,” said Andrew Milligan, head of global strategy at Aberdeen Standard Investments. “We’ve seen a lot of talk on Brexit and trade talks and the new news is the earnings and the signal they give for the future. We’ve broadly priced in that earnings will be slightly positive for the year, but everyone is seeing how monetary policy stabilises the situation.”MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added a modest 0.

U.S. President Donald Trump sounded upbeat on a China deal on Monday, while White House adviser Larry Kudlow said tariffs on Chinese goods scheduled for December could be withdrawn if talks go well. Ten-year government bond yields across the euro zone were down 1 basis point on the day DE10YT=RR, NL10YT=RR, FR10YT=RR. Germany’s 10-year yield was at -0.35%, near three-month highs.

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:

 /  🏆 2. 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.

European stocks seen cautiously higher as Brexit uncertainty returnsEuropean stocks were seen cautiously higher Monday morning as traders wait to discover whether the U.K.'s departure from the European Union will be delayed once again. The Uk just needs to stay in the EU The UK should and is going to stay part of the European union.. The UK needs the union just as much and Together we all can be STRONGER ! 🤘❤🥂🍾
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen mostly higher on cautious Brexit, US-China trade optimismEuropean markets were seen mostly edging higher Tuesday morning on the back of hopeful sounds over U.S.-China trade talks, while U.K. lawmakers are set to debate Prime Minister Boris Johnson's EU Withdrawal Agreement Bill.
Source: CNBC - 🏆 12. / 72 Read more »