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Stocks and Indices news

European stocks diverged as European data eyed during the day

09:55 am 2019-03-05

 European stocks were mostly flat in early trade on Tuesday amid fears that the United States and China might not reach an agreement to end their trade dispute after US Secretary of State Mike Pompeo warned that negotiations could "collapse at the last minute." Meanwhile, investors are also waiting for another round of talks between the UK and the European Union as British officials head to Brussels to try to get more assurances about Irish support in an effort to secure support for Britain's current exit deal.More

Chinese stocks rise amid the annual session of the ruling party congress

07:56 am 2019-03-05

Chinese markets were on Tuesday's highs as the annual session of the National People's Congress (NPC) began and Premier Li Keqiang said the country's 2019 GDP forecast fell to between 6% and 6.5%. Li also announced that Beijing plans to cut tax revenues of about 2 trillion yuan ($ 298 billion) in an effort to meet the challenges to its economic growth. Elsewhere in Asia / Pacific, equities fell amid fresh fears that the United States and China failed to reach a trade deal…More

Wall Street is rising open amid optimistic agreement with China

03:54 pm 2019-03-04

 Wall Street stocks started rising trading session after it was reported that the United States and China are in the "final stages" of the trade negotiations and it is planned to hold a comprehensive deal to sign by the end of the month. Shortly after, White House economic adviser Kevin Hast said that "much progress" had been made in talks with Beijing. Report: US-China trade talks in "final stages" The United States and China are in the "final stages" of trade negotiations, CNN reported…More

European stocks rise in light of trade prospects between the United States and China

09:52 am 2019-03-04

 European stocks rose at the start of trading on Monday on hopes that the US-China trade dispute is nearing an end. According to media reports, the world's two largest economies are close to reaching a trade deal after Beijing has indicated its willingness to reduce protection measures on agricultural and chemical products, automobiles and other products from the United States, while Washington is considering removing most tariffs on Chinese imports. Earlier, White House economic adviser Larry Kudlo said he believed the United States and China would sign a trade…More

Chinese markets are rising as expectations for a trade deal increase

07:34 am 2019-03-04

 Asia-Pacific markets rose mostly on Monday as shares in the mainland rose after reports that Washington and Beijing were close to a trade deal. Meanwhile, Governor of the Bank of Japan Haruhiko Kuroda confirmed the Bank's intention to continue easing monetary policy, stressing that the Japanese economy is no longer in recession. Abe: We trust in Kuroda's management and skills Japanese Prime Minister Shinzo Abe said on Monday he trusted the skills of Bank of Japan Governor Haruhiko Kuroda on monetary policy. The Prime…More

European markets are trading in green with German retail sales rising

09:19 am 2019-03-01

 Major European stock markets opened on Friday in green ahead of key economic data. Industrial PMI data for the UK and Germany are expected to be released in the European Union during the day. Information on the unemployment rate, as well as mortgage for the continent's largest economies, is also due after the bell trading. German retail sales rise in January 2019 German retail sales grew at a stronger-than-expected pace in January, reversing the sharp decline in the previous month, to record the biggest…More

Most Asian markets are on the rise amid trade optimism

07:31 am 2019-03-01

 Markets in the Asia-Pacific region were mostly green on Friday as investors were encouraged by recent developments over a possible trade deal between Beijing and Washington. The US-China trade agreement is said to be close to its final form. Meanwhile, National Economic Council director Larry Kudlo confirmed that the United States had approached a landmark agreement with China.  North Korea wants more US talks after Trump Kim Summit North Korea said it wanted to hold further talks with the…More

Wall Street rebounds after unemployment data and GDP

02:46 pm 2019-02-28

 Wall Street stocks started trading on Thursday in the red zone after the US Commerce Department reported a weak GDP in the fourth quarter. The Ministry of Labor reported that initial jobless claims increased by 8,000 in the week ending Feb. 28. reported fourth-quarter earnings in 2018, showing a 22.4% increase in revenue. Federal Reserve Chairman Richard Clarida warned that the US economy is facing a slowdown in economic growth, although it is still expected to lead strongly. US weekly jobless claims rose more-than-expected…More

Europe is trading lower after the Hanoi summit ended without an agreement

09:27 am 2019-02-28

 European stock markets are trading losses shortly after the opening bell on Thursday after a second summit between US President Donald Trump and North Korean leader Kim Jong-un in Hanoi failed to reach an agreement on nuclear disarmament on the Korean Peninsula. At a news conference after the talks, Trump said the reason for not reaching an agreement was North Korea's demand to lift all sanctions against it in its entirety. Trump also hinted that another summit with Kim may not be "for a long time".…More

Asian stocks tumbled with the conclusion of the Trump Kim Summit

07:38 am 2019-02-28

 Asian markets tumbled Thursday after the summit between US President Donald Trump and North Korean leader Kim Jong-un. The second summit between the two leaders began Wednesday in Hanoi, where Trump indicated he had held a "big" meeting with Kim Jong-un. On trade, US Trade Representative Robert Laetzer told legislators that significant progress had been made in talks with China, but added that it was too early to predict the outcome of the negotiations. Kim is ready for nuclear disarmament, and welcomes the US…More

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