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US pushed european shares

US-China trade talk pushed European shares on 4-year highs on Wednesday. American shares are hitting new highs every week, so it wasn’t curious that European shares follow the trend. The main reason of positive sentiment was that Trump said: ‘’talks are in final throes of work’’. Good sign is Washington’s support for protests in Hong... US pushed european shares
US-China trade talk pushed European shares on 4-year highs on Wednesday. American shares are hitting new highs every week, so it wasn’t curious that European shares follow the trend.

The main reason of positive sentiment was that Trump said: ‘’talks are in final throes of work’’. Good sign is Washington’s support for protests in Hong Kong.

Index Eurostoxx 600 raised 0,3%, led by trade sentiment miners. Leaders of gaining in the index was Finnish ship technology and power-plant maker Wartsila which raised 3% in one day as JP Morgan raised its price target on the company.

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Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Precious metals started the new of trading on a bullish note while US stock futures opened mixed on Monday following the Thanksgiving break. The volatility is expected to remain high this week, based on a list of important data and events. The ISM manufacturing PMI and the Core Personal Consumption Expenditures (PCE) Price Index may be the most market-moving events on the calendar this week.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global equity markets settled higher last week after cooling inflation reports raised hopes of an end to interest rate hikes. Moving ahead, with a shorter week with the market being closed on Thursday and a half-day on Friday for Thanksgiving. However, before the Thanksgiving holidays, some intriguing US data is scheduled to be published. Minutes from the latest November 1 FOMC meeting will be released on Tuesday.