Frankfurt DAX jumped 0.4 percent to 14,396.71 points. the Paris CAC gained 0.6 percent to 6,455.27 points. London’s FTSE 100 was shut for a long bank holiday to mark Queen Elizabeth Platinum Jubilee. Eurozone stocks opened higher on Thursday as investors anticipate major oil-producing nations’ output decisions. The Frankfurt DAX jumped 0.4 percent to 14,396.71 … Read more
Asian stock dropped on Tuesday as investors worried about the impact of China’s Covid-19 restrictions on the world’s second-largest economy, as investment banks lowered their growth forecasts. A strong rally on Wall Street, where the Dow closed 2.0 percent higher, did not carry over to Asia, and Beijing’s announcement of a new round of stimulus … Read more
On hopes that China’s economic engine Shanghai will ease its weeks-long lockdown and gradually reopen businesses, Hong Kong led a rally across stock markets on Tuesday. The pound rose against the dollar in foreign exchange as UK job data confirmed the Bank of England’s intention to raise interest rates further, despite growing fears of a … Read more
Stock markets sank Monday on developing issues that lockdowns in China geared toward preventing a worsening Covid outbreak may want to threaten the USA’s economic system and worldwide delivery chains. The losses prolonged a promote-off across the world final week fuelled by way of remarks from Federal Reserve boss Jerome Powell indicating officials will hike … Read more
