Stocks Fluctuate Treasuries Edge Up; Pound Slips: Markets Wrap

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

By Ritu,

Capital Sands

 

European stocks edged higher on Wednesday while U.S. equity futures fluctuated and Asian shares were mixed. Bonds also nudged upward while the pound extended its decline.

The Stoxx Europe 600 Index traded slightly higher as most national benchmarks in the region were in the green. Luxury TV and stereo maker Bang & Olufsen plunged after issuing its fourth profit warning in a year. U.S. futures were little changed a day after the S&P 500 Index closed just one index point higher at a new record, amid positive U.S. factory and housing data. However FedEx Corp. plunged in after-market trading after cutting its profit forecast for the second straight quarter.

Asian equities were mixed, with shares falling in Tokyo but rising in Hong Kong and India. The pound slipped, extending a tumble from Tuesday on renewed concern that a no-deal Brexit is possible. The yuan was steady after China’s central bank injected liquidity into the financial system.

“We are a little bit cautious going into 2020, not getting too carried away with the optimism that the equity markets are displaying right now,” said Susan Buckley, managing director of global liquid strategies at QIC Ltd. “We are still looking at an outlook of slow growth in 2020.”

Elsewhere, the impeachment inquiry of President Donald Trump comes to a head today, with the House of Representatives set to vote on two articles that will likely set up a January trial in the Senate, where he’s expected to be acquitted.

Meanwhile, West Texas crude pulled back after rising above $61 a barrel for the first time in three months. Bitcoin languished below $7,000.

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Related News

Through the free revolves all of the honors is actually tripled, while you can also retrigger the main benefit. There is certainly the ability to wager 4 jackpots once you the brand new Jackpot Card Extra are randomly provided, and also you have to find cards to try and performs the right path because of 4 profile. If you victory people award less than ten,five hundred gold coins then there are the option of seeking to double the payouts for the change from a credit by choosing if this will be purple otherwise black. Book out of Ra is made because of the Novomatic, a well known app supplier on the playing globe. Novomatic, founded within the 1980, are more popular because of its extensive portfolio out of each other property-based and online gambling games. As well, high difference slots usually give a more impressive test in the a jackpot twist.

Leave a Reply

Your email address will not be published. Required fields are marked *