Daily market review – April 27th 2017

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Deutsche Bank reported a first-quarter profit jump in its first quarterly report since Germany’s biggest bank increased its capital by 8.5 billion Euros by selling shares following a severe liquidity crisis, but the company’s stock fell 2.5 percent on the Frankfurt Stock Exchange In revenue.

The trading on Wall Street markets closed with declines yesterday after the official presentation of President Trump’s tax reform increased fears of an increase in the US administration’s budget deficit and a report that Trump intends to sign a presidential decree to withdraw the US from the North American Free Trade Agreement (NAFTA).

The trading on Asian stock exchanges is trading with small declines after the Bank of Japan left interest rates unchanged.

The European stock markets are trading in a negative trend in light of the publication of reports by major companies on the continent.
London is down by 0.4%, Frankfurt is losing 0.2%, Paris is down by 0.3%.

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