Global Stocks on Wednesday, Oct 4

Markets are going up, except for Europe where Catalan pressures on Spain are dragging down stocks.

Economic News
2017年10月04日
Global Stocks on Wednesday, Oct 4

Traders on the stock market are rather busy lately. It appears that the stocks in the United States and Asia are registering record highs this week, pleasing investors. However, even though European stocks were also going up until recently, Spain’s problem with Catalonia has driven a wedge in this development and caused European stocks to suffer.

Last weekend Catalonia held a referendum (unapproved by the Spanish authorities) and voted to become independent, something Spain has opposed for many years. To suppress the issue there were violent clashes between civilians and police in the region.

This conflict dragged Spanish stocks down, which in turn affected Europe in general. This could exacerbate later this week if Catalonia actually declares independence.

Meanwhile, stocks in Japan and Hong Kong went up. The United States is preparing for higher stocks too, on account of Trump’s plan to enact a tax cut.

SuperForex
The Dollar Slowed Its Growth

Economic News

The Dollar Slowed Its Growth

Will there be changes?

SuperForex
2017年10月04日
Oil Prices Fluctuate, Lower

Economic News

Oil Prices Fluctuate, Lower

Oil is moving slightly unpredictably lately - it was up last week, but now it's down again.

SuperForex
2017年10月03日
The Euro and the Pound Continue to Decline

Economic News

The Euro and the Pound Continue to Decline

The commotion on the streets gives rise to unrest in the markets.

SuperForex
2017年10月03日