|Day's Range||22,874.66 - 23,141.84|
|52 Week Range||20,584.20 - 23,890.20|
Italian stocks and bonds sold off on Tuesday as fears mounted that the country will need to hold a fresh general election over the summer as a last-ditch effort to form a government crumbled on Monday. Italy has suffered two months of political gridlock after the early March election produced an inconclusive result, leading to a hung parliament and throwing the country into disarray. President Sergio Mattarella on Monday unsuccessfully concluded a fifth round of formal coalition talks with the political parties, urging them to back a caretaker government.
The U.S White House has caused an early spark in the Crude Oil market and buyers have put the commodity above 70.00 Dollars. China and the U.S have extended their trade negotiations. Asian markets have been mixed this morning. Inflation data from the U.S will be a key this week.
The U.K and U.S will be open for trading as many nations celebrate Labor Day. Wall Street was cautious on Monday and the U.S Dollar remains very strong.
The broad markets remain in a cautious mode. Asian equities were lower, European equities have been tentative even as the Pound and Euro trade at lower values against the U.S Dollar. US Futures looking for direction before the opening.
Asian equities have started the week cautiously and Europe has been tentative early. The U.S Dollar remains strong in the short term.
A fresh fear is lurking on global financial markets – and it is not about trade wars, affirms a leading analyst at one of the world’s largest independent financial advisory organizations.
Global equities have turned cautious in Europe before the U.S Federal Reserve’s FOMC Statement and Press Conference.
Wall Street is expected to open with gain. Retail Sales numbers will come from the States today, but it is next Wednesday’s Fed policy meeting which will remain a focal point for an investor.
Italy’s general election over the weekend showed a surprisingly strong result for the populist, euroskeptic parties, sparking fears of months of political instability and tensions in the eurozone’s third ...
The Italian general election on Sunday 4th March will be another closely watched vote, with voters continuing to shift allegiances from the Establishment to the populist parties that have seen increased popularity in recent years.
There were no major surprises from the Federal Reserve’s FOMC Meeting Minutes publication yesterday, but it did highlight the U.S Central Banks ambition to raise interest rates in 2018.
European equities have stumbled as the U.S Dollar has become weaker. Japanese equities traded lower this morning, but the Shanghai Shenzhen and Hang Seng were positive. Core Consumer Price Index data will come from the States tomorrow, along with Retail Sales.
European stocks are mixed on Thursday as the dollar gives back some of its recent gains. Oil prices continued to move higher, following Wednesday’s report from the Department of Energy which showed a larger than expected draw. The German institute predicts increasing growth for 2017 and 2018, while German inflation was mixed. European Confidence is … Continue reading The Dollar Retreats as European Sentiment Increases
European stock markets are moving higher, after a largely positive session in Asia. Hong Kong stocks outperformed and the Hang Seng closed with a gain of 0.91% after positive earnings reports, with Chinese companies leading the way and the Hang Seng China Enterprises Index outperforming. The Nikkei underperformed and was down -0.05% at the close, … Continue reading Stocks Rebound as Risk Aversion Abates