Breaking News

European, U.S. shares fall, Euro recovers as bank lending grows

News Date: 20/10/2015 10:00:07

 European shares fell on Tuesday as investors still grapple with weak Chinese growth and falling metal prices. Britain's FTSE 100 fell 22 points, or 0.36% to 6,329. Germany's DAX fell 32 points, or 0.32% to 10,131. France's CAC 40 slid the most, with a 44 points fall, or 0.94% to 4,659.


U.S. stocks followed suit, with Dow Jones falling 76 points, or 0.46% to 17,154. NASDAQ fell 16 points, or 0.33% to 4,889. S&P 500 fell 5.5 points, or 0.28% to 2,027.


Euro recovered some grounds after heavy losses in the last sessions, after a bank lending survey released by ECD showed lending in the economy at a healthy pace, raising doubts about whether it'll ease policy further in its next meeting on Thursday.


Euro rose against dollar to 1.1355 after falling for three consecutive sessions. Against Sterling it rose to 0.7335 after hitting a three-week trough yesterday. It rose to a five-day high against Yen to 135.97.


Yen extended its slide against the dollar for the fourth session, falling to 119.77. Against Sterling it hit a fresh 4-week low at 185.40.


Oil took divergent routs on Tuesday, with Brent crude futures falling 14 cents, or 0.31% to $48.50 a barrel. U.S. oil futures rose 9 cents, or 0.18% to $46.36 a barrel, as U.S. traders hope a continuing unwinding of oil rigs will cut supply from the market.


Spot gold rose 4 dollars, or 0.34% to $1,177 an ounce. Silver rose six cents, or 0.39% to $15.89 an ounce.   

Latest news

Stocks in the United States closed lower at the end of yesterday’s trading, after the Chinese protests against the policies of Covid 19 raised economic concerns, to accompany the shares indices
11-2022 29 01:22:11

The dollar rose at the beginning of the week’s trading , due to the rush of investors towards it – as a safe haven – and after the Japanese yen fell due to the uncertainty that over
11-2022 28 02:00:56

Recent news/events in the cryptocurrency industry have put pressure on cryptocurrencies, as uncertainty remains alongside the general negative trajectory in the markets, affecting investors’ de
11-2022 25 02:29:41

The dollar fell today because of investors’ appetite for risky assets. The dollar index, which measures the performance of the US currency against a basket of six major currencies, fell by 0.
11-2022 24 05:23:41

US stocks closed higher on Tuesday, amid limited trading. To accompany its indicators upward, gains were recorded in the oil and natural gas, basic materials and technology sectors. At the end o
11-2022 23 01:35:33

More News