- Analytics
- News and Tools
- Market News
- Global Stocks
Global Stocks
European stocks ended in the red on Tuesday after disappointing U.S. services data reignited worries about economic growth in the world's largest economy. The pan-European benchmark wobbled between small gains and losses for most of the day, after a mixed bag of corporate news, including a revenue warning from Ingenico Group SA and a takeover bid from Fresenius S.E.
U.S. stocks closed slightly higher Tuesday, with the tech-heavy Nasdaq logging a record close as investors digested a weak services-sector report, which might help convince the Federal Reserve to stay its hand as it considers raising interest rates. The prospect of lower rates for longer tends to be a negative for the currency, but a lower dollar is beneficial to multinational companies, making their exports relatively cheaper.
Asian shares were broadly higher on Wednesday, with the notable exception of Japan, which retreated amid a soaring yen. In Japan, the yen's rise also comes amid market speculation the Bank of Japan may not be able to act more decisively on further monetary easing at its policy meeting later this month, said Akira Moroga, a joint general manager in the market products division at Aozora Bank.
© 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.
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.
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
