Stock Exchange - FTSE 100 Index
Deal-making and earnings underpinned European stock markets on Tuesday as focus shifted back to fundamentals and away from politics, for now. The pan-European STOXX 600 index was up 0.1 percent, on track for its fifth session of straight gains. A win for centrist candidate Emmanuel Macron in the first round of...
Asian Shares
Asian equities hit a near two-year high on Tuesday, buoyed by a jump in risk appetite following the centrist victory in the first round of the French presidential election that also lifted the euro and pressured safe-haven assets. The Canadian dollar slid after the U.S. announced new duties averaging 20 percent...
Donald Trump
The US stocks were resuscitated after the White House announced that the US corporate taxes will be cut by 15% as part of Donald Trump’s ‘major’ fiscal plans. According to the latest news, the personal income taxes will also be reduced. More details are due at the Wednesday’s announcement. Donald...
The euro remained steady, near five-month highs against the dollar, while the yen and gold retreated as the outcome of the French elections dampened demand for safe havens. Markets shrugged off North Korean artillery drills carried out today to mark the 85th anniversary of the Korean People’s Army. Currency markets...
Euro Vs Poud
The Euro-Sterling pair has a great deal of importance amid traders given the political events which are folding. The euro is more than likely to continue its rally against the sterling. The Euro literally crushed the Sterling on the back of the French election outcome. Macron is the leading canidate...
Mario Draghi
The positive momentum driven by the outcome of the first round of voting in the French presidential elections extended into its second day. It now appears that investors are confident that Macron will be France’s next president and will win the battle on 7 May easily.  Investors who lost confidence...
Emmanuel Macron
If yesterday’s market reaction is any guide it would appear that investors have made up their minds already as to the result of the French election on May 7th. The France CAC40 hit its highest levels since 2008, the DAX made another record high and banking stocks surged, while French...
Oil
Oil continued its downward grind overnight as gold recovered some of its losses as President Trump’s first 100-days draws to a close. OIL Oil continued its bullish unwind overnight, with both Brent and WTI spot contracts down just over 0.50%. Rising shale production and uncertainty over the OPEC deal extension being...
Canadian Dollar
CIBC FX Strategy Research notes that the turnaround in Canada’s economy over the past six months or so has been pretty impressive, as Canadian GDP growth appears to be accelerating above the OECD average again. Yet, CIBC notes that CAD has been an underperformer recently and is the only major currency down...
Stocks NYSE
U.S. stock index futures rose sharply on Sunday on relief that centrist Emmanuel Macron took the first round of voting in the French presidential election, reducing the prospect of an anti-establishment market shock. Macron will face far-right leader Marine Le Pen in a May 7 runoff and opinion polls on...