Showing posts with label Dax. Show all posts
Showing posts with label Dax. Show all posts

Tuesday, 31 January 2017

Donald Trump stopped the rise of markets

This week began with sales on both sides of the Atlantic amid decree signed by President Donald Trump, who imposed a ban on entry into the United States of refugees coming from seven mainly Muslim countries.
The German Dax 30 fell by 1.12% closing at 11 681.89 points. The top three losers in the index were Thyssenkrupp AG with a daily decline of 3.61%, followed by RWE AG ST and Deutsche Bank AG respectively with 3.34% and 2.97%.
UniCredit announced today that it will not meet the requirements of the European Central Bank in 2016 and the company's shares fell by more than 5.4 percent.
FTSE100 also recorded a decline of 0.92%, and ended the daily trading at a level of 7 118.48 points.
CAC40 closed at 4784.64 points wiping new 1.14% of its value.
Overseas situation was similar, as Dow Jones closed at red territory lowering its value by 0.61%, closing at 19971.13 points.
US data showed growth in personal income in December by 0.3% MoM, which was below expectations of 0.4%.
The broader index SP500 fell by 0.60%, closing the day at 2 280.25 points.
Nasdaq Composite dropped by 0.83% and closed the session at 5 613.71 points.