Market news
16.12.2016, 06:18

Global Stocks

European stocks on Thursday closed just shy of a 2016 high as bank shares rallied and the euro sank after the U.S. Federal Reserve signaled a faster pace of interest-rate hikes than previously mapped out. But shares in mining companies fell as the U.S. dollar continued its post-Fed surge. The dollar's jump came partly at the expense of the shared currency, which traded at 14-year lows against the greenback.

U.S. stocks closed higher Thursday, but off their intraday highs, as investors adjusted to the Federal Reserve's plan for a faster path of interest-rate increases in 2017. After a pullback following the Fed decision Wednesday, stock-market indexes resumed their post-election march higher.

Asian shares steadied on Friday, tracking U.S. gains, with financials leading Japan's stock market to a fresh high for the year. Japan financials are benefiting from rising yields for global government bonds, in which they invest heavily.

© 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