Day: May 6, 2020

Europe Edges Lower; FTSE 100 Outperforms
Stocks

Europe Edges Lower; FTSE 100 Outperforms

By Ritu, Capital Sands European stock markets traded slightly lower Wednesday amid weak economic data, while better than expected earnings helped the U.K. to outperform.  At 4:35 AM ET (0835 GMT), the DAX in Germany traded 0.1% lower, France’s CAC 40 fell 0.2%, while the U.K.’s FTSE 100 index traded up 0.7%. German factory orders slumped 15.6% in March to their […]

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Asian market
Covid-19

Euro slumps and yen gains as markets fret over global recovery trajectory

By Administrator_India Capital Sands The yen scaled a three-year high against the euro and a seven-week peak on the dollar on Wednesday after a court decision challenging German participation in Europe’s stimulus program and worries about a bumpy global recovery spooked investors. Germany’s highest court on Tuesday gave the European Central Bank three months to […]

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