Tag Archives: Stock markets

US markets: Turkey’s economic woes continue

Last week’s concerns over the state of Turkey’s economy continue, with markets in both the Asia-Pacific region and Europe showing red across the board Monday. Stocks, too, continue to see red, after Turkey’s financial troubles sparked fear of contagion and the country’s currency took a deep slide. On Friday, the lira temporarily tumbled 20 percent against the U.S. dollar, after

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earnings and data in focus, US-China trade spat intensifies

Richard Drew | AP Traders work on the floor of the New York Stock Exchange, Monday, April 2, 2018. Markets in the Asia-Pacific and European regions were pointing in different directions Thursday, as investors monitored the latest developments in the trade spat between the U.S. and China. On Wednesday, U.S. Treasury yields came under pressure after Beijing announced it would…

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US-China trade tensions and oil in focus

Asia markets were set to open slightly lower on Thursday after the U.S. markets were mostly little changed overnight following the unveiling of new Chinese tariffs on American goods. Australia’s SPI futures traded at 6,207, which was a touch lower than the ASX 200’s last close at 6,268.5. Nikkei futures in Chicago and Osaka traded around 22,570 compared to the…

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corporate earnings and trade tensions on the agenda

Markets in the Asia-Pacific and European regions were mostly mixed or under slight pressure Wednesday, as trade tensions rumbled on. The U.S. Trade Representative’s office announced Tuesday that the States would begin gathering levies on an additional $16 billion in Chinese goods later this month. It also published a final tariff list that pointed out 279 import product lines, according

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European stocks set for mixed open amid Brexit uncertainty, earnings

European futures traded mixed in premarket trade Wednesday, amid investors keeping a close eye on Brexit developments and corporate earnings. Opening calls from IG index show a fairly flat open this morning with the U.K.’s FTSE 100 called barely higher, up 1 point at 7,727; the German DAX up 3 points at 12,660; France’s CAC 16 points higher at 21,834;

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