Global equity market is seeing positive price action today across both Asian and European market hours. The positive price action is influenced by easing trade war woes and headlines which are hinting at scenario were there is some level of progress in trade talks between China and USA. Further, stimulus measures related decision announced by ECB is also providing positive influence to market bulls influencing positive price action in the global market.
R3, a popular blockchain technology service is still going steady on its hiring spree and the latest addition to the firm comes from Societe Generale. However, the move was first made public via changes made in this executive’s LinkedIn account according to which he starts at the firm starting this month. The newly joined executive – Bryan D’Souza has been serving at Societe Generale for seven years prior to his resignation and decision to join R3.
Investor sentiment divided on proceedings of Sino-U.S. trade negotiations resulting in mixed activity, Diamler warnings hurt European market.
Global market trades with mixed momentum on last trading session for the week. Muted trade war cues do little provides some level of positive support but caution prevails.
Escalating trade war woes, disappointing macro data updates, China’s stance on ceasing trade talks until US makes amends cause European markets to bleed red.
While European market is seeing positive price action on upbeat macro data and Brexit delay which supports steady risk appetite, dovish central bank cues continue to hamper progress in major global markets.
While optimism surrounding Sino-U.S. trade underpinned market bulls, profit booking activity ahead of key events resulted in bearish price action in broad market.
Global markets opened in red on cues from U.S. Wall Street but optimism surrounding trade deal boosted major indices and stocks while strong USD in broad market capped gains in Forex market.
Global equity market traded in red as concerns of a Sino-U.S. trade war, a no-deal Brexit, a slowdown in Euro area economic activity and the possibility of another shutdown of U.S. government weighed down investor sentiment.
While equity markets picked up positive price action in late Asian and early European market hours as safe haven demand over Brexit uncertainty eased weakening broad based demand for US Dollar, Greenback suffered additional bearish pressure on news which mentioned that US President Trump could be impeached as he directed Cohen to break the law during the 2016 presidential campaign.