On the last day of the previous week, global markets remained under pressure amid risks connected to the outcome of the upcoming elections in the United States.
On Thursday, US stock indices closed in the red, amid mixed economic data and growing uncertainty of the election during last days. A number of economic reports, including unemployment benefits claims
Yesterday, the global stock markets decline dramatically increased. European markets were under pressure due to European currency gains and oil market loss. Obviously, US presidential elections risks in now have an impact not only on the US but also in Europe
Yesterday global stock markets increased losses. Europe declined amid lower oil prices and European currency gains. (DAX -1,3%, CAC - 0,86%, FTSE -0,53%)
Yesterday American markets continued sluggish decline. Decline was insignificant and triggered by strong statistics on consumer spending. Steady growth in consumer spending is the kind of driving force of the economy
On Friday, the developed countries markets closed in the negative territory. European exchanhews were down due to profit-taking and a general deterioration in market sentiment at the end of the week.