Global shares crept higher on Wednesday as prospects of fresh China-U.S. trade t...
LONDON - Global shares crept higher on Wednesday as prospects of fresh China-U.S. trade talks drew a guarded welcome from investors, while dour data on euro zone economic activity hit the euro ahead of a European Central Bank policy meeting.
MSCI’S All-Country World index of stocks extended its previous day’s gains by a whisker, rising 0.02%. Chinese blue chips climbed 0.8% while MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.1%. The prospect of widespread central bank largesse helped take the sting out of a downgrade to the IMF’s global growth forecasts.
The euro hit two-month lows at $1.1127, falling further after the weak PMIs. It also hit a near seven-month trough against the yen at 120.19 though it recovered from a two-year low versus the Swiss franc. Boris Johnson will become Britain’s new prime minister on Wednesday, with investors unclear as to whether he will lead the country to a no-deal EU exit or find a compromise.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Global Stocks Gain on U.S. Moves on TradeGlobal stocks climbed as the U.S. moved to revive trade talks with China and Congress struck a deal on spending and the federal debt ceiling
Lire la suite »
IMF Cuts Global GDP Forecast for 2019, Citing Fallout From Trade TensionsA sharp deceleration of global trade driven by ongoing trade tensions is slowing the global economy more than earlier projections, according to the latest IMF forecasts.
Lire la suite »
IMF lowers global growth forecasts amid trade, Brexit uncertaintiesThe International Monetary Fund on Tuesday cut its forecast for global growth th...
Lire la suite »
Asia Pacific stocks set to trade mixed amid US-China trade developmentsStocks in Asia were set to trade mixed on Wednesday following developments on the U.S.-China trade front.
Lire la suite »
Asia stocks stay judgment on trade talks, euro pressuredAsian shares crept higher on Wednesday as the prospect of fresh Sino-U.S. trade ...
Lire la suite »
Facebook to create privacy panel, pay $5 billion to U.S. to settle allegationsThe Federal Trade Commission is set to announce on Wednesday that Facebook Inc h...
Lire la suite »