European Markets Are Cautious before US GDP Data
After a strong pullback on Thursday, the United Kingdom’s FTSE 100 continued to weaken and fell in the morning session on April 28.
After gaining for three consecutive trading days, China’s Shanghai Composite Index lost momentum and closed almost flat on April 28.
The lack of details provided by Trump’s Administration in its new tax cut plan disappointed the market and dented the sentiment.
Japan’s Nikkei index traded lower in the early hours and didn’t recover its losses. The market is waiting for the Bank of Japan’s policy meeting to end.
After closing at all-time high price levels for two consecutive trading days, Germany’s DAX index is stable in the morning session on April 26.
After regaining some strength on Tuesday amid improved global market sentiment, China’s Shanghai Composite Index continued to move higher.
The German market is stable amid the global relief rally triggered by France’s presidential election on April 24.
After regaining strength on Monday and stabilizing above the important price level of 24,000, Hong Kong’s Hang Seng Index continued to move higher.
After falling to the lowest levels since February last week, the United Kingdom’s FTSE 100 index is trading higher in the morning session on Monday.
After falling for two trading days, China’s Shanghai Composite Index started the week on a weaker note. Its price levels fell to a three-month low.
Germany’s DAX index is trading positive on Friday morning. The market is supported by Germany’s stronger-than-expected manufacturing PMI data.
The risk appetite in the market fell before France’s presidential election. On April 21, the Hang Seng Index fell 0.06% and closed the day at 24,042.02.
In European markets, participants’ risk appetite was lower due to France’s upcoming elections and geopolitical tension between North Korea and the US.
After falling to the lowest levels in a month on Wednesday, Hong Kong’s Hang Seng Index regained strength on April 20.
The FTSE 100 index fell as Prime Minister Theresa May scheduled a surprise statement. The statement was released at 6:15 AM EST.
After starting the week on a lighter note, China’s Shanghai Composite Index opened lower and fell as the day progressed on Tuesday.
After pulling back last week amid geopolitical jitters, China’s Shanghai Composite Index pulled back on Monday despite strong economic data.
After pulling back on Wednesday, the United Kingdom’s FTSE 100 index opened the day lower and fell to weekly lows on Thursday.
On April 13, the Shanghai Composite Index rose 0.07% and ended the day almost flat at 3,276.07. The SPDR S&P China ETF (GXC) closed at 82.58.
Germany’s DAX index opened higher on Wednesday, but it didn’t stay at higher levels. Geopolitical concerns decreased the risk appetite in European markets.