Stocks waver, dollar flat as investors weigh earnings, data

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stocks fell broadly and the U.S. dollar also weakened early on Tuesday, reflecting investors' uncertainty in a busy week for corporate earnings and economic data.

Markets in Australia and New Zealand are shut for a holiday.In early European trades, the pan-region Euro Stoxx 50 futures were down 0.3%. German DAX futures and FTSE futures fell 0.2% and 0.3% respectively.gained 0.4%, touching 8-month high as strong chip investment lifted tech shares.

"There's a lot of uncertainty. People still don't know how much bank lending has been impacted by recent developments ... when inflation will durably peak," said Prashant Bhayani, chief investment officer Asia, BNP Paribas Wealth Management. Bhayani also pointed to anxiety about other weak spots that might be exposed by the recent turmoil in U.S. and Swiss banks.

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 ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines