Arab Today, arab today european stock markets fall before us fed clues
Last Updated : GMT 14:24:58
Arab Today, arab today
Arab Today, arab today

European stock markets fall before US Fed clues

Arab Today, arab today

Arab Today, arab today European stock markets fall before US Fed clues

European stock
London - AFP

European stock market fell further Wednesday after two days of losses and awaiting minutes of the Federal Reserve's last policy meeting for clues on the outlook for US interest rates.
London's benchmark FTSE 100 index dropped 0.44 percent to stand at 6,708.55 points in midday deals.
Frankfurt's DAX 30 edged down 0.02 percent to 9,770.51 points and the CAC 40 in Paris slipped 0.14 percent to 4,337.23 compared with Tuesday's close.
"European markets remain cautious... amid fears that equities have risen too far, too fast to justify their current valuations and that US interest rates will rise sooner than expected," said Rebecca O'Keeffe, head of investment at stockbroker Interactive Investor.
"Investors will be hoping that June's Fed minutes, released later today, will provide some clarity and reassurance that (Federal Reserve chief Janet) Yellen can continue to hold sway over her more hawkish colleagues.
"However if the strong (US) employment data we have seen over the past week continues, that may not last."
On foreign exchange markets Wednesday, the European single currency eased to $1.3610 from $1.3611 late on Tuesday in New York.
The euro rose to 79.56 pence from 79.45 pence. The pound fell to $1.7106 from $1.7129 the day before.
On the London Bullion Market, the price of gold climbed to $1,323 an ounce from $1,313 on Tuesday.
In London, the Bank of England began its latest monthly meeting on Wednesday. The BoE is on Thursday expected to conclude the gathering by voting in favour of keeping its main interest rate at a record-low level of 0.50 percent.
"Markets are assuming that the Bank of England will resist a tightening of monetary policy," said Neil MacKinnon, economist at VTB Capital financial group.
"However, it is just a matter of time, in our view, before the BoE increases interest rates" amid Britain's largely solid economic recovery.
Asian stock markets sank on Wednesday, following a negative lead from Wall Street and talk of a possible correction for global equities after their rally over the past few weeks.
China released data showing inflation eased slightly in June after hitting a four-month high in May.
US shares retreated on Tuesday for a second straight session after returning from the long, Independence Day weekend. The S&P 500 and Dow had closed last Thursday at record highs after a better-than-expected report on US jobs creation.
But on Tuesday, the Dow slipped 0.69 percent, the S&P 500 fell 0.70 percent and the Nasdaq tumbled 1.35 percent.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today european stock markets fall before us fed clues Arab Today, arab today european stock markets fall before us fed clues

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Air raid kills eight women, child

GMT 06:42 2017 Friday ,17 February

Air raid kills eight women, child
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 08:14 2017 Friday ,17 February

Bahrain Bourse daily trading report

GMT 21:28 2017 Thursday ,16 February

US Stocks End High on Tuesday

GMT 21:18 2017 Thursday ,16 February

Chinese Yuan Strengthens to 6.8632 Against USD Wednesday

GMT 09:55 2017 Thursday ,16 February

Robust Omani Riyal exchange rate affirmed

GMT 09:00 2017 Thursday ,16 February

Bahrain Bourse daily trading report

GMT 05:07 2017 Thursday ,16 February

Saudi stocks rise 0.6%

GMT 04:45 2017 Thursday ,16 February

Gold prices edge lower
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday