European stocks are in green side at the beginning of today's session as investors' risk appetite improves to come as follows:
US stocks rose broadly with the beginning of this week as Hurricane Irma was downgraded to a tropical storm, easing worries about its impact on economic growth. North Korea also refrained from any missile tests.
The markets are looking forward to a number of central bank meetings this week as well as some important economic data. The currency market today saw some price gaps as well as the decline of most of the global stocks with the opening of the week, after the North Korea's the most powerful nuclear test on Sunday undermined investors' risk appetite amid reports that Pyongyang was ready to launch another missile. While the US and Canadian markets closed due to the Labor Day.
The global stock markets have been affected this morning and most investors have turned to safe haven assets after North Korea provoked the Japanese side by launching a missile over northern Japan to fall into the Pacific and spark renewed political tensions with the United States.
The US dollar rose during the week, as the dollar index reaching a three-week high of 94.04, supported by positive retail sales that beat expectations and rose by 0.6% in July. Core retail sales rose by 0.5%.
Global stock markets have tumbled amid geopolitical tensions and uncertainty about economic conditions. Where confidence in European markets was shaken in the wake of the terrorist attack in Barcelona that killed 13 people, while there are still doubts about the ability of Donald Trump, the US president to implement his economic agenda of tax cuts and spending on infrastructure.
By Reuters : Asian stocks bounced on Monday after three straight losing sessions, tracking a firmer Wall Street, while the dollar was capped by tensions on the Korean peninsula and doubts that the Federal Reserve will hike interest rates again this year.
By Reuters : Asian equity markets extended a global slide on Friday as tensions ramped up between the United States and North Korea, sending investors fleeing to less risky assets such the yen and the Swiss franc.
By Reuters : World stocks fell for a third day on Thursday and investors moved again into the Swiss franc, yen and gold as North Korea ratcheted up tensions with the United States with a threat to land a missile just short of the U.S. territory of Guam.
By Reuters : Asian stocks turned lower on Thursday as investors fretted about the simmering tensions between the United States and North Korea, sending Seoul shares skidding to two-month lows even as the previous day's rush into safe-haven assets appeared to slow.
Prices may be delayed by 5 seconds. Prices above are subject to our website terms and conditions. Prices are indicative only
© 2023 Equiti, All Rights Reserved