Emerging markets shares fell eight days out of nine: Market News

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Emerging markets shares fell eight days out of nine: Market News

July 05, 2018 - 14:01
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According to Bloomberg, European stocks grow today together with American futures. Stoxx Europe 600 and S&P 500 both gained 0,6%. European auto producers supported gains of Stoxx 600, since they hope for cross Atlantic tariff deal.

Photo © Csaba Nagy, CC0 1.0

According to Bloomberg, European stocks grow today together with American futures. Stoxx Europe 600 and S&P 500 both gained 0,6%. European auto producers supported gains of Stoxx 600, since they hope for cross Atlantic tariff deal.

Shares in Asia dropped, as traders are getting ready to new wave of trade restrictions between the US and China. Indexes in Tokyo, China and Hong Kong all fell.

Emerging market shares fell eight days out of nine. MSCI Index lost 0,4%.

Euro gained in expectation of sooner monetary policy tightening. It grew up 0,3% to $1,1688. British pound increased by 0,2% to $1,325.

Dollar is stable. US Treasuries fell. Their yield is 2,86% today. European bonds decreased as well. The 10-year bonds yield in Germany is 0,33%, in the UK – 1,298%.

Metals involved into global trade lost position. Bloomberg Commodity Index fell 0,1%.

Brent oil lost 0,1% to cost $78,14 a barrel after US President's critics. Price of gold is $1251,67 per ounce today.