Global Markets: European stocks retreated as pound strengthened

In international markets, the pound strengthened while Europe’s stocks retreated. European stocks have not been able to make their losses through the negative mode yet despite the losses of the US stocks. After the repressive comments of the chief economist of Bank of England’s there seen an acceleration in pound. On the other hand, oil has risen by giving back its losses.  The Stoxx Europe 600 Index, though stabilizing in oil prices, has been heading for two more days. The end of the mission of

Global Markets: European stocks increased with Macron

European stocks entered the second day of their gains with the support of rising French stocks after the acquisition of Emmanuel Macron‘s historic majority in the National Assembly of France. The pound continued its rising while the euro remained unchanged as Brexit negotiations started. Miners and banks were the biggest winners in the Stoxx Europe 600 Index. The CAC 40 Index rallied after the Emmanuel Macron government won a historic majority in the French National Assembly. Oil scrapped its losses, however the number of active