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Old 01-31-2017, 04:54 AM
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Default Re: Economic and company news by ForexMart

January 31, 2017

European Equities Fall as Trump’s Trade Plans Unravel

European stocks plummeted on Monday after investors assessed the possible implications of President Trump’s recent immigration ban in the US, particularly the possibility of political unrest and fallout as a result of the said ban. The Stoxx Europe 600 Index saw losses in the mining, energy, and banking sector, with the benchmark dropping down by 1.1%. Meanwhile, Greek stocks experienced the largest drop in the western European market as a result of concerns regarding Greece’s bailout dues. In general, the international market is alarmed that Trump might soon implement isolationist policies after implementing his ban on Islamic nations.
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