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Stocks and Indices news

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Stocks and Indices news

Asian markets are mixed with a focus on Brexit

07:40 am 2019-03-14

 Markets in East Asia mixed on Thursday as investors focused on Britain's exit from the European Union. Yesterday, the British parliament rejected Britain's exit from the EU without a deal. Today, a vote is to be taken on the extension of Article 50 and a three-month postponement of the withdrawal so that it can be negotiated. Meanwhile, China's industrial output rose 5.3% in February, with retail sales increasing by 8.2% the previous month. Yesterday, US President Donald Trump said Washington was "doing well" in trade negotiations with…More

Wall Street opens higher on focus on US data

02:13 pm 2019-03-13

 Markets opened in the US high on Wednesday as investors focused on the latest developments regarding the devastating collapse of Boeing, as well as uncertainty about Brexit from the European Union. Meanwhile, the Nasdaq Composite Index has risen to unseen levels since mid-October. On the business front, Boeing is facing financial claims because of the presence of 737 Max aircraft around the world, where a low-cost Norwegian airline said it would seek compensation. US producer prices rise 0.1% in February…More

Stocks diverge in Europe after announcement of British tariff plan

09:21 am 2019-03-13

 The stock indexes on major European stock exchanges were looking for a trend early in the session on Wednesday. The losses were supplemented by a commitment by the UK government that it would implement temporary customs exemptions in the event of Britain leaving. Tariffs European Commissioner for Economic, Financial, Tax and Customs Affairs Pierre Moscovici told France 2 television on Wednesday that the EU needs to begin preparations on customs if Britain leaves the EU. The commissioner added that there would be no new negotiations…More

Shares in Asia are falling after concerns about Brexit from the European Union

07:38 am 2019-03-13

Markets in the Asia-Pacific region were trading in the red zone on Wednesday amid new investor fears caused by the UK's refusal of the revised Maya Teresa UK bond deal. On the business front, Honda Motor announced that it will call 1.1 million cars in the United States due to damaged airbags, as well as about 100,000 cars elsewhere.   UN official says North Korea violates sanctions Hugh Griffith, the UN official responsible for monitoring sanctions against North Korea, said his team…More

US stocks futures fell amid European tax concerns on technology companies

01:26 pm 2019-03-12

 New York stocks fell from Tuesday's low, as US consumer inflation fell to 1.5 percent last month, while core reading fell 0.1 percentage points to 2.1 percent. A regular survey showed that sentiment among small businesses improved marginally. Traders mostly focused on the fate of the UK exit package from the European Union, which has been changed in the UK Parliament. Attorney General Jeffrey Cox referred to the shortcomings of support for the proposed Northern Ireland, but called on lawmakers to adopt the package. The pound trimmed some…More

Stocks diverged in Europe ahead of a vote on Brexit from the European Union

09:12 am 2019-03-12

 Markets in Europe mixed on Tuesday as investors awaited a meaningful UK Parliament vote on Britain's exit from the EU after Prime Minister Theresa May secured some changes to the controversial Irish support clause. It is still not certain that the withdrawal agreement will be supported by lawmakers, with Labor leader Jeremy Corbin denouncing the amended deal, while Northern Irish DUP and Torre Brexiters, including the European Research Group, have yet to decide how to vote.  Volkswagen Announces Fourth Quarter Results Volkswagen said on Tuesday its…More

Asian stocks rise after the breakout of the UK exit from the European Union

07:40 am 2019-03-12

East Asian equity markets posted gains on Tuesday after talks on Britain's exit from the European Union and the UK reached a breakthrough ahead of a crucial vote in London later in the day. It was agreed that both sides intend to replace the Irish support by December 2020 with a permanent solution. The solution pushed the British currency higher against the dollar and the Japanese yen. Malaysia may close or sell Malaysian Airlines Malaysian Prime Minister Mahathir Mohamad said the country was considering either…More

Dow Jones is up 100 pips after US data

03:40 pm 2019-03-11

 The Dow Jones Industrial Average rose 0.39%, or 100 pips, at 17:18 a.m. on Monday, despite the start of trading in the red zone. Later in the day, White House Press Secretary Sarah Sanders and Acting Director of Budget and Budget Management Office Russell Fist are expected to unveil the 2020 budget. US corporate inventories rose 0.6% in December US manufacturing and trade stocks were estimated at $ 1,994.5 billion in December, according to a report released by the US Census Bureau on Monday. This…More

European stocks rise ahead of House vote on Brexit

09:43 am 2019-03-11

 Markets across Europe recorded gains in early trading on Monday, a day before the second vote on the Brexit deal in the British House of Commons. Recent negotiations have not reached a breakthrough. Meanwhile, many conservative lawmakers have urged May to cancel the vote in order to avoid another defeat. Germany cuts GDP forecast for 2019 The German government lowered its forecast of the country's GDP in 2019 to 0.8 percent, Handelsblatt reported on Monday, citing a confidential memo sent by the Finance Ministry.More

Most Asian markets are on the rise amid growing concerns

07:17 am 2019-03-11

 Markets across the Asia-Pacific region were higher on Monday, with modest gains, as investors worried about the global economic slowdown. Japan's Nikkei index ended its four-day losing streak, while Chinese mainland stocks rebounded after Friday's drop. On the business front, Nissan Motor Corp. and Renault SA said they were considering closing a joint venture between Renault and Nissan BV. Ghosn asks for permission to attend Nissan board meeting Nikki, former president of Nissan Motor Co., Ltd. Carlos Gasanaskuk, told the Tokyo District Court for…More

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