Century Business Herald

Posted by Yusuf on February 28th, 2020 — Posted in News

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Heavy casualties, euro struggling to not collapse, it is growth! Investors rescue plan to European countries not convinces them and they show it in bags: casualties from Tokyo to Europe. Low strong banks. Credit risk remains high. Like last Friday, nobody wants to stay bought the weekend in this scenario so volatile. S & P500 1,157-1.22% WST DOW 10.782 – 1.05% NASDAQ 2.394-1.26% after the rally that was experienced yesterday, missing two hours for the closure of the wheel market began to collapse, setting the tone for Asian and European markets this morning.

There was no apparent reason that fire downward from 14: 00 hs NY, since the fact of unemployment benefits and enquiries to 8 banks were known since before the opening yesterday. Day loaded with economic data today: industrial production and Michigan sentiment. The premarket in baja this morning, but reversed slightly after retail sales climbing 0.4 per cent in April (expected low of 0.1%) versus 1.2% rise in March. Great part of this rise is due to tax facilities for homebuyers who overcame in order to April: sales of construction materials and products for gardens had greater hikes between different categories: 6.9%, after climbing 7.8 per cent in March. It doesn’t impact too on the market by the weight of the tax incentive.

ASIA CHINA 2,696 – 0.51% return to falling stocks real estate by fears of regulations that cool the goods market roots to prevent the bubble that is brewing in the sector. I would expand the reach of the tax to property in commercial property and housing before May 20, according to the daily 21st Century Business Herald. Banks in baja. Japan 10.462 – 1.49% fears the measures of austerity in Europe threaten exports and Japanese growth. Very good corporate results are announced, but they are unable to shine above the global fears. Europe fears return to win Europe and the world.

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