Market news
18.05.2016, 05:05

Global Stocks

European stocks ended a volatile session almost flat Monday, as investors weighed disappointing Chinese data against a rally in oil prices. European shares had started in negative territory on Monday after data released over the weekend from China showed figures for industrial output, retail sales and fixed-asset income in April missed analyst expectations.

The Dow Jones Industrial Average slumped nearly 200 points and the broader market sank after Federal Reserve officials implied that interest rates could be raised as early as June. Atlanta Fed President Dennis Lockhart and San Francisco Fed President John Williams said the Fed's decision on whether to raise rates at the June 14-15 meeting hinges on the data.

Asian stocks fell for the first time in three days and the dollar strengthened against all of its major peers on prospects for a U.S. interest-rate hike. Japanese shares and the yen fluctuated as investors weighed whether better-than-expected economic growth reduces the need for stimulus.

Based on MarketWatch materials

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location