European stock markets broadly followed Wall Street after US stocks snapped a two-day losing streak to rally handsomely as better economic data boosted sentiment even as bond yields rose. The FTSE 100 traded close to the flatline and the pound is steady ahead of the Bank of England meeting later. A solid rally for tech stocks […]

Weaker data in China but investors are looking to a clutch of US jobs data and comments from Fed chair Jay Powell later. European stock markets trade higher at the start of Wednesday’s session. FTSE 100 up more than 0.5% to 7,560, DAX up a similar level to 14,450, CAC north of 6,700.

n early trading on Friday, Dow Jones index futures saw a modest increase, following the index's most significant downturn in over a year, as the market anticipates crucial employment data.

The U.S. dollar declined against a range of currencies on Friday, as upbeat Big Teach earnings on Wall Street enhanced investors' preference for riskier assets, while traders waited on U.S. jobs data to assess potential timelines for the Federal Reserve to start loosening its monetary policy.

With the US election just around the corner, equity markets may continue to track sideways as they await the outcome and remain on the hook for headlines around stimulus and the spread of the virus. We can expect volatility but no clear trend until the election is out of the way. A Democrat clean sweep […]