EghtesadOnline: European stocks advanced, poised to help draw a line under recent global equity declines, even as the region’s common currency strengthened. The dollar dropped after President Donald Trump’s State of the Union address offered few new clues on U.S. policy, and bonds gained as the Bank of Japan increased asset purchases.
EghtesadOnline: Traditional haven assets including gold and the yen slumped and core bonds across Europe declined with Treasuries as the prospect of war between the U.S. and North Korea receded. The dollar extended its advance as European stocks struggled for traction following Monday’s strong gains.
EghtesadOnline: U.S. stocks closed up Friday buoyed by increases in the industrial and consumer discretionary sectors, while European shares reversed earlier gains and turned lower. Oil continued to climb as concerns about an oversupply faded.
EghtesadOnline: European stocks were steady, with shares in energy companies extending Friday’s loss after Saudi Arabia and three other Arab countries cut off most diplomatic and economic ties to gas-rich Qatar.
EghtesadOnline: Oil climbed as a political spat between several energy-producing nations in the Middle East escalated, while a slide in industrial metals dragged European stocks lower. The pound pared earlier losses in the wake of a terror attack in London.
EghtesadOnline: European stocks were poised to snap a five-day losing streak amid a broad-based rally. The pound declined as better-than-expected manufacturing data failed to offset political risk before the impending election, and crude bounced.
EghtesadOnline: Investors shifted away from haven assets even as geopolitical concerns lingered, as stocks in Europe advanced while the yen and Treasuries erased gains.
EghtesadOnline: European shares rose on Tuesday, shrugging off falls on Asian bourses, but low-risk government debt yields fell as investors fretted about a meeting between the U.S. and Chinese presidents and Donald Trump's ability to deliver economic stimulus.
EghtesadOnline: European shares advanced for a fifth day and the pound retreated at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump and culminates in the monthly U.S. jobs report.
EghtesadOnline: Bonds fell and the dollar rose against most of its peers as reflation trades came back into focus after a promise by U.S. President Donald Trump to overhaul business taxes. European stocks erased gains as banks declined as political risk plagued the region.