World shares declining: market news

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World shares declining: market news

June 18, 2018 - 12:43
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World shares decline today as protectionism in relations between China and the US are growing, and political risks in Europe are stacking up. Oil continues dropping ahead OPEC meeting this week. Dollar and US Treasuries strengthen. Most sectors of Stoxx Europe 600 Index are in red today and such situation is observed two trading sessions already.

Photo © Gerd Altman, CC0 1.0

World shares decline today as protectionism in relations between China and the US are growing, and political risks in Europe are stacking up. Oil continues dropping ahead OPEC meeting this week. WTI oil costs $64,45 a barrel today. Dollar and US Treasuries strengthen. Bloomberg Dollar Spot Index grew by 0,1%. US Treasuries yield is down to 2,90%.

Most sectors of Stoxx Europe 600 Index are in red today and such situation is observed two trading sessions already. Index itself went down by 0,5%. British FTSE lost 0,1%.

Index Topix in Japan dropped today the most in three weeks after earthquake in Osaka, which is one of the center for Japanese industry.

MSCI Index for Developed Countries declined by 0,3%, Asia-Pacific MSCI Index lost 0,7%, Index for Emerging Markets decreased by 0,4%.

Safe haven investments including gold grow. Price of gold is $1281,90 per ounce. Japanese yen gained 0,1% and costs 110,51 per dollar.

Euro lost 0,2% to $1,1582 and pound declined by 0,3% to $1,3233.