European stocks seen mixed amid global political uncertainty

  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

United States News News

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

European stocks are set for a mixed open on Tuesday as investors monitor political uncertainty in Italy, Hong Kong and Argentina.

The full Italian senate is due to meet on Tuesday to set the date for a motion of no confidence in the government, after the far-right League party said last week that its governing coalition with the anti-establishment 5-Star Movement had become unworkable.

Asian stocks declined on Tuesday afternoon after Hong Kong protests escalated and shut down the city's airport, resulting in threats from Chinese propaganda outlets, which released a video showing military vehicles amassing near its border. Hong Kong'sMeanwhile, the People's Bank of China set the official midpoint reference rate for the yuan at 7.0326 per dollar on Tuesday, stronger than expected but above the psychological barrier of 7 per dollar for the fourth consecutive session.

Back in Europe, on a visit to London Monday U.S. national security adviser John Bolton voiced the White House's enthusiastic support for Britain leaving the European Union without a deal on October 31, and promised that Washington would work fast on a U.S.-UK free trade agreement.

 

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

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.

European stocks set for higher open despite lingering trade concernsEuropean stocks are set to open higher on Monday following a volatile week for global markets as investors monitor escalations in the U.S.-China trade war.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks Edge Lower Amid Hong Kong Protests, Trade WoesU.S. stock futures edge down as escalating tensions between Chinese authorities and protesters in Hong Kong add to investors’ global trade concerns. China has vowed a merciless crackdown on demonstrators. realDonaldTrump take note: do this to the next round of PussyHat protestors: 'merciless crackdown.' Trump2020 Terrible analysis. Hong Kong people have lost their ability to prosper, they only love violent demonstrations, why not concentrate on economic development? Hong Kong is no longer rich and powerful. Shanghai will replace Hong Kong's economic power.
Source: WSJ - 🏆 98. / 63 Read more »

Markets Right Now: Stocks opening lower on Wall StreetMARKETS: Stocks edge lower in early trading on Wall Street amid investor concerns that the U.S.-China trade war may be worsening.
Source: ABC - 🏆 471. / 51 Read more »