Wed. Nov 30th, 2022

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

European markets down

1 min read

European shares

European markets opened lower Monday morning as global stocks pause for breath following a bumper month on the back of positive vaccine news.

The pan-European Stoxx 600 slid 0.5% in early trade, oil and gas stocks shedding 2.3% to lead losses as all sectors except healthcare slid into negative territory.

European stocks are set for a mixed handover from Asia-Pacific, with mainland Chinese shares leading gains after China’s National Bureau of Statistics announced Monday that the official manufacturing Purchasing Managers’ Index (PMI) for November was at 52.1, exceeding expectations.

Stateside, stock futures dipped in overnight trading with Wall Street still set to close out a record-breaking month of gains.

Back in Europe, talks between the U.K. and the European Union are heading into a “very significant” week, British Foreign Minister Dominic Raab said Sunday, with time running out for the two sides to iron out lingering disagreements over their post-Brexit trading relationship.

Meanwhile, investors will have one eye on this week’s meeting of OPEC and allies, led by Russia, with the group of major oil-producing countries set to decide on whether to extend large production cuts into 2021.

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.