Mon. Apr 26th, 2021

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

European markets close lower

1 min read

European stocks

European stocks closed lower on Tuesday as investors monitored the coronavirus pandemic and the imposition of further restrictions, along with a U.S. Senate runoff election in Georgia.

The pan-European Stoxx 600 ended down 0.2% after fluctuating either side of the flatline throughout the trading day. Utilities fell 1.3%, while oil and gas stocks surged 3.6% amid a spike in oil prices and reports of a crude output compromise between OPEC kingpin Saudi Arabia and non-OPEC leader Russia.

European investor sentiment was hit by concerns over the speed of coronavirus vaccine deployment in mainland Europe, and a third national lockdown that has been imposed in England.

The country on Tuesday entered its toughest nationwide lockdown since last March, with schools closed until mid-February. In a televised address Monday night, Prime Minister Boris Johnson warned that the weeks ahead “will be the hardest yet.” Hopes are being placed on the speedy rollout of the Pfizer/BioNTech vaccine, and Oxford University-AstraZeneca’s vaccine, that began on Monday.

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.