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    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian stocks may face headwinds after sell-off on Wall Street

    Asia equities trading mixed following similar performance on Wall Street

    Asian markets poised to react positively

    USD/MYR Technical Analysis

    USD/MYR Technical Analysis

    Asia equities trading sideways following choppy price action on Wall Street

    Asian equities poised for positive trading following volatile session on Wall Street

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    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian stocks may face headwinds after sell-off on Wall Street

    Asia equities trading mixed following similar performance on Wall Street

    Asian markets poised to react positively

    USD/MYR Technical Analysis

    USD/MYR Technical Analysis

    Asia equities trading sideways following choppy price action on Wall Street

    Asian equities poised for positive trading following volatile session on Wall Street

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Home Market News Economy

European shares slid lower followed poor Chinese data

Pierre Veyret by Pierre Veyret
July 16, 2020
in Economy, Markets, Opinion, World
Reading Time: 1 min read
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European shares slid lower followed poor Chinese data
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European shares slid lower on Thursday, mostly in profit taking moves sparked by disappointing Chinese retail sales this morning. Even if trading optimism has recently been boosted by vaccine developments, today’s poor Chinese data underline that market confidence remains feeble and reminded some investors the path to a full recovery may be longer than initially estimated.

Today is set to be a volatile day for EU stocks as investors will scrutinize the ECB’s online press conference where Christine Lagarde is expected to answer questions on the strength and efficiency of the central bank’s emergency bond-buying program. On the other side of the ocean, stock traders will be waiting for the next tranche of corporate results with Bank of America, Netflix, and Morgan Stanley due later today.

Tags: Bank of AmericaCAC-40Chinese retail salesChristine LagardeecbMorgan StanleyNetflixStoxx-50
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Pierre Veyret

Pierre Veyret

While a student, Pierre Veyret had a passion for the financial markets. At the time, he studied International Trade through the setting up of import / export operations and it was the techniques of hedging against exchange rate risks that helped him to make the link with the financial markets, and all especially that of Forex. It is therefore with the aim of anticipating the price of currencies several months in advance that Pierre quickly turned to different methods of analysis by drawing inspiration and surrounding himself with experts in the field. Shortly after, Pierre decided to specialize in Technical Analysis, a discipline he had the opportunity to practice with real market professionals, thanks to AFATE / IFTA, an association of which he has been an active member for several years. Pierre Veyret is passionate about the field of the financial industry with a particular interest in the various techniques of stock market forecasting. Currently, Pierre is based in the City of London where he works as Chief Analyst. He performs regular interventions on a multitude of asset classes through various media (television, internet and print media).

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