Decisions on a balance sheet drawdown in the Eurozone to be brought forward
Stock markets in Europe are down again as the continuation of the conflict is hurting sentiment
Stock markets in Europe are down again as the continuation of the conflict is hurting sentiment
European stocks are in green side at the beginning of today's session as investors' risk appetite improves to come as follows:
Decisions on a balance sheet drawdown in the Eurozone to be brought forward
The French economy, the second largest economy in the euro area, grew in the second quarter of 2017, driven by foreign trade and consumer spending. GDP grew by 0.5% on a quarter-on-quarter basis, confirming a preliminary reading.
Wolfgang Schaeuble, German Finance Minister, made the following statement:
• The issue of Greek debt reduction is not on our agenda at all for now.
The volatility of the financial markets has increased over the past few weeks as a result of a number of events, including rising tensions in the Korean peninsula, particularly North Korea's threats, besides the turmoil in the White House and growing doubts about the US president's ability to pursue his economic agenda.
Wolfgang Schaeuble, German finance minister made the following statements:
By Reuters : Most Asian stock markets fell on Thursday after minutes from the Federal Reserve's last meeting showed a lack of consensus on the future pace of U.S. interest rate increases, while oil prices inched higher following a steep decline a day earlier.
This week witnessed a marked weakness for the US dollar against most of its rivals and investors turned to sell the dollar as many policy makers hinted to start a shift from the easing policy towards tightening policy to begin reducing the gap with US Federal Reserve policy. The dollar index has fallen to the lowest levels over 8 months at 95.20. On the other hand, the US economy grew by 1.4% in the first quarter of 2017.
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