Stock markets inched higher on Tuesday as reassuring data about the health of China’s economy helped investors shrug off disappointing bank earnings in the United States, while volatility in European markets took another leg lower.
“After the strong rally we have seen in equities, people are now waiting for the next catalyst,” Pochan said. “We do expect some more positive data from Europe which should give a bit of fresh air ” The MSCI world equity index, which tracks shares in 47 countries, edged up 0.1 per cent in early European trade.Turkey’s lira recovered slightly after closing at its weakest level since October on Monday. The Turkish currency was hit by data showing a surge in unemployment, a higher than expected budget deficit and tensions with the United States.
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:
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.
Investors staying away from energy stocks despite Canadian oil’s huge rally‘When the underlying commodity doubles and the stocks up until recently have done nothing is a real source of frustration,’ says one senior portfolio manager Yet all running to the Saudi $100million bond offerring.. Trudeau feels Canadian energy companies are experiencing his policies differently
Source: nationalpost - 🏆 10. / 80 Read more »
Asia stocks hover below nine-month high after Wall Street stallsExpectations that Chinese and U.S. trade negotiators would strike a deal soon lifted market confidence
Source: globeandmail - 🏆 5. / 92 Read more »
Asia stocks hover below nine-month peak after Wall Street stallsBut while all three major U.S. stock indexes edged lower, the S&P 500 remained within a percent of its record high
Source: globeandmail - 🏆 5. / 92 Read more »
Asian stocks climb following lacklustre day on Wall StreetInvestors watch for Chinese trade data due out Friday
Source: globeandmail - 🏆 5. / 92 Read more »
U.S. stocks ‘fear gauge’ at 6-month low as Wall Street eyes new highsU.S. stocks ‘fear gauge’ at 6-month low as Wall Street eyes new highs GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »
The best U.S. and global dividend funds, TSX stocks feel the pinch of lower home sales, and should you borrow to buy stocks when the market falls?The best U.S. and global dividend funds, TSX stocks feel the pinch of lower home sales, and should you borrow to buy stocks when the market falls? GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »