(FILES) This file photo taken on March 12, 2020 shows flags of the European Union fluttering in front of the headquarters of the European Central Bank (ECB) in Frankfurt am Main, western Germany. daniel roland/Agence France-Presse/Getty Images European stocks were steady on Thursday, ahead of a European Central Bank decision …
Read More »Asia Markets: Asian markets mixed as China export data offsets impact of Wall Street’s retreat
Asian markets were mixed in early trading Monday, following a sharp selloff on Wall Street last week. Japan’s Nikkei 225 NIK, -0.49% dipped 0.3% while Hong Kong’s Hang Seng index HSI, -0.43% gained 0.1%. The Shanghai Composite SHCOMP, -1.87% declined 0.2% while the smaller-cap Shenzhen Composite 399106, -2.21% retreated 0.2%. …
Read More »Capitol Report: Trump defends his trip to Kenosha, praises stock market’s August surge
President Donald Trump at a news conference on Monday evening defended his decision to visit Kenosha, Wis., as he also declined to criticize the teen accused of fatally shooting two protesters in that small city. The president was asked at the news conference about whether he had considered not making …
Read More »Europe Markets: European stocks and Dow futures rise as U.S. and China report positive trade talks
In this July 31, 2019, file photo U.S. Trade Representative Robert Lighthizer, center, gestures as he chats with Chinese Vice Premier Liu He, at right with Treasury Secretary Steven Mnuchin, left, looking on after posing for a family photo at the Xijiao Conference Center in Shanghai. U.S. and Chinese trade …
Read More »Asia Markets: Asian markets muted as traders warily await U.S. stimulus deal
Asian markets were little changed in early trading Friday, after stocks fell on Wall Street as the stalemate over a second coronavirus-aid plan continued to fester on Capitol Hill. Japan’s Nikkei 225 NIK, +0.17% was nearly flay, while Hong Hong’s Hang Seng Index HSI, +0.05% slipped 0.2%. The Shanghai Composite …
Read More »Capitol Report: Trump says his executive actions led to stock market’s gain, as briefing gets interrupted by shooting
President Donald Trump on Monday tied the latest gains in the stock market to his coronavirus-aid moves on Saturday, as he spoke at a news conference that was interrupted by a shooting outside the White House. “So we issue those executive orders, and the stock market went up 358 points …
Read More »Europe Markets: Gold rallies to record and euro tops $1.17 while European travel stocks slump on Spain quarantine
Passengers wearing a face mask or covering due to the COVID-19 pandemic, arrive at Heathrow airport, west London, on July 10, 2020. daniel leal-olivas/Agence France-Presse/Getty Images Gold surged to a record and the dollar weakened Monday while European travel stocks slumped. As U.S. lawmakers debate another round of stimulus and …
Read More »Europe Markets: Stocks in Europe rally on economic optimism
European stocks rose Monday, as signs of economic progress offset worries about growing coronavirus cases in the U.S. as well as India. Up 2% last week, the Stoxx Europe 600 SXXP, +1.57% rose 1.6%. London-listed shares of HSBC Holdings HSBA, +4.82% and Standard Chartered STAN, +4.27% jumped, responding to the …
Read More »Outside the Box: ‘Wildly out of context’ — Navarro on his own words, and the markets in relation to the economy
We got a taste of things to come when White House China hawk Peter Navarro stated to the press that the U.S.-China trade deal was “over.” Cue a plunge in stocks ES00, +0.14% and in CNY USDCNY, +0.04% and in bond yields and general risk-off. Then cue the inevitable rapid …
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