European equities were cloudy yet for another time. Mining stocks were among the biggest fallers yesterday and this took the equities like the FTSE, CAC and DAX to end up the day on a dull note. In addition to that, investors were worried about the strength of the economic recovery and a decline in US factory orders also added to those worries. FTSE, DAX & CAC were down between 0.7 and 1.2 percent respectively.
US equities at Wall Street ended up on a low note and the reason behind that is of commodity stocks. Adding to the woes, investors took profits on recent gains, using adequate economic data and worries about euro zone debt acted as a catalyst for shedding long positions. Technology Tycoon Microsoft Corp influenced both the Dow and Nasdaq in a negative shade. The Dow Jones Industrial Average fell 78.41 points at 10,751.27. The Standard & Poor’s 500Index lost 9.21 points at 1,137.03. The Nasdaq Composite Index dropped 26.23 points at 2,344.52. More details please visit:-https://www.residens-ejendomme.dk/ https://feerie-gym.com/
Japanese Markets were seen closing on a gloomy note taking its nod from the currency markets ahead of a Bank of Japan policy decision the next day with the market expecting further easing, albeit a minor move. The Nikkei ran out of steam in the afternoon as the US currency erased early gains, limiting active follow-through moves in the stock market.The Japanese Nikkei were at 23.17 points to 9,381.06.
The euro saw an unexciting day against the US dollar as renewed concerns about the financial viability of euro zone banks made investors cut overly bullish bets on the single currency. Bad news from the euro zone including those from Ireland and Greece also pressured the euro. Against the yen, the dollar soared low, fueling speculation that Japan might re-enter the market to weaken its currency.The euro was down 0.8 percent at $1.3686. Against the Japanese yen, the dollar traded at 83.38 yen.
The oil market was seen quite fluctuating,supported by a strike at France’s top oil port and disruptions to Houston petrochemical shipping, while a dollar bounce and Wall Street weakness kept gains in check.A barrel of crude oil for October delivery settled up 10 cents to $81.68. Gold paused its positive rally but renewed financial worries in some euro zone countries provided underlying support.Gold prices for December delivery settled down $1 at $1,316.80.