European Stocks Close Lower After China Strengthens Currency, Easing Trade Retaliation
Tuesday, 6 August 2019 23:18 WIB |
MARKET UPDATE |Stoxx 600Saham Eropa
European stocks closed lower on Tuesday after China™s central bank set the yuan™s official reference point at a stronger than expected level, easing its retaliation to U.S. tariffs, while rejecting Washington™s designation of Beijing as a œcurrency manipulator.
The pan-European Stoxx 600 was 0.4% lower at 387.71 during afternoon trade, with household goods stocks ” which covers the China-exposed luxury sector ” leading the gains. Luxury brands LVMH, Christian Dior and Hugo Boss all saw their shares cross into positive territory.
The People™s Bank of China (PBOC) denied Washington™s allegations of currency manipulation, and set its yuan fixing at 6.9683 per dollar, below the important line of 7 per dollar that it had breached on Monday.
Source : CNBC
Wednesday, 1 April 2020 15:57 WIB
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The Hang Seng Index fell 2.19 percent, or 517.69 points, to 23,085.79.
The benchmark Shanghai Composite Index slipped 0.57 percent, or 15.77 points, to 2,734.52, but th...
Wednesday, 1 April 2020 15:06 WIB
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Wednesday, 1 April 2020 13:31 WIB
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The Nikkei 225 index lost 4.50 percent, or 851.60 points, to close at 18,065.41 while the broader Topix inde...
Wednesday, 1 April 2020 11:25 WIB
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The Hang Seng Index fell 0.92 percent, or 218.07 points to 23,385.41 by the break.
Sumber : AFP...
Wednesday, 1 April 2020 08:59 WIB
Hong Kong stocks fell more than one percent at the start of trade Wednesday following a sell-off on Wall Street, with investor confidence continuing to be rattled by the coronavirus crisis.
The Hang Seng Index slipped 1.01 percent, or 237.58 points, to 23,365.90.
The benchmark Shanghai Composite I...