Global stock markets spiraled downwards Wednesday with Europe following Asia lower as investors fretted over growing fears of a Donald Trump presidency.
World stock markets wobbled Tuesday in choppy trade as investors eyed bright Chinese data, mixed company results and uncertainty over the U.S. presidential race, dealers said.
European and Asian stocks dropped on Monday as the U.S. presidential election race took a dramatic late twist.
World markets drifted into a lull on Friday, ahead of key U.S. economic growth data, as investors also waited on next week's vital central bank interest rate decisions.
Most Asian markets turned lower for a second day Thursday, with energy firms struggling after another sell-off in oil fueled by concerns about a planned output cut.
Asian markets mostly retreated Wednesday, with energy firms hit by sinking oil prices as fresh fears about a planned output cut by major producers was fanned by a report Russia will not take part.
The U.S. dollar rose in Asia Tuesday as the chances of an interest rate hike were further boosted, while most stock markets recovered from early losses to track a Wall Street lead higher.
The U.S. dollar pushed higher in Asia on Monday as investors increased their bets on a U.S. interest rate hike by the end of the year, but stock traders were more reticent ahead of the corporate earnings season.
The collapse of free trade talks between Canada and the European Union Friday is yet another sign of increasingly stiff resistance to economic globalization.1 Comment
Canada walked out of talks Friday meant to save a massive trade deal with the European Union, unable to break a deadlock with a small Belgian region that has been defying multinational efforts to have the pact signed next week.