GBP/USD struggled to build on its intraday positive move and faced rejection near the 1.4000 mark. Renewed USD buying interest was seen as a key factor that prompted some selling at higher levels. Optimism over a swift UK economic recovery underpinned the GBP and helped limit the downside. TheRead More →
(Reuters) – European shares retreated from recent gains on Wednesday as concerns over the virus outbreak in China persisted, while markets also waited for service-sector activity data from the bloc. The pan-European STOXX 600 () index fell 0.2% by 0803 GMT, having recently recovered from a week of heavy sellingRead More →
By Arjun Panchadar (Reuters) – U.S. stock index futures gained slightly on Monday as an unexpected rise in Chinese manufacturing activity assuaged investor concerns about a global economic slowdown in the wake of a prolonged trade war between Washington and Beijing. China’s factory activity expanded at its fastest pace inRead More →
© Reuters. Investing.com – Asian markets fell on morning trade on Wednesday, with Japanese and South Korean stocks down more than 1%. China’s July PMI data and Samsung Electronics’ Q2 profit were in focus. China’s and the were down 0.8% and 0.5% respectively by 10:30 PM ET (02:30 GMT). DataRead More →
