Fri. Nov 27th, 2020

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

European markets opened droningly

1 min read

European shares

European stocks are expected to see a lackluster open on Wednesday as a global market rally falters following a spate of positive coronavirus vaccine news.

London’s FTSE is seen opening 9 points lower at 6,352, Germany’s DAX 5 points lower at 13,120 and France’s CAC 40 up 3 points at 5,486, while Italy’s FTSE MIB is seen 40 points lower at 21,400, according to IG.

The stall in global markets began on Tuesday, with European stocks closing lower despite the backdrop of more positive coronavirus vaccine news from Moderna, which announced on Monday that preliminary data showed its coronavirus vaccine was more than 94% effective at preventing Covid-19. That news had come after Pfizer and BioNTech’s vaccine candidate was found to be more than 90% effective.

Elsewhere, U.S. stock futures were little changed in overnight trading Tuesday as investors digested the recent record rally in equities. Dow futures fell 21 points. Futures for the S&P 500 and Nasdaq-100 also edged down marginally.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.