World stocks drift off recent highs over global growth worries

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

European stocks are down 0.4% but the pound is unmoved as EU pushes new Brexit deadline to Halloween

A financial trader at his desk at CMC Markets in the City of London, Britain, on April 11 2019. Picture: REUTERS/PETER NICHOLLS

European markets made a subdued start, mirroring a disappointing day for Asian bourses that broke four days of gains. European stocks fell 0.4%, with bourses in London and Frankfurt losing ground, though Paris held steady. Looming in the background have been concerns of a retreat to protectionism, with US President Donald Trump threatening new tariffs on the EU n while the China-US trade dispute rumbles on.

The Easter holidays are ahead, and Japan is due for an unprecedented 10-day break from late April to mark the ascension of its new emperor — the longest hiatus ever for the country’s share and bond markets.After the dovish monetary signals, the dollar hovered near two-week lows and the euro was trading flat. Sterling was also struggling for direction after EU leaders extended the deadline for Britain to leave the bloc to October 31.

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:

 /  🏆 12. in US
 

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

United States United States Latest News, United States United States Headlines

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

Load shedding expected to weigh down on SA's growth: World Bank - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The World Bank says load shedding in the month of March is expected to weigh down on South Africa's growth outlook in the short-term.
Source: SABC News Online - 🏆 32. / 51 Read more »