Emerging markets stocks finally stabilized: Market News

Time to read
less than
1 minute
Read so far

Emerging markets stocks finally stabilized: Market News

September 07, 2018 - 12:32
Posted in:
0 comments

According to Bloomberg, S&P 500 futures fell together with European stocks, as investors wait for new steps in trade conflict between US and China. Emerging markets stocks finally stabilized after seven-days decline.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, S&P 500 futures fell together with European stocks, as investors wait for new steps in trade conflict between US and China as well as information on wages in the largest economy of the world.

Emerging markets stocks finally stabilized after seven-days decline. MSCI Index for Emerging Markets rose by 0,4%. Currency index increased as well.

Stoxx Europe 600 fell and might show the worst week since March. It lost 0,2%. British FTSE 100 dropped 0,3%, German DAX 0,2%. Euro gained 0,2% to $1,644.

Stocks in Japan, South Korea and Australia declined today. Asian Pacific MSCI Index lost 0,2%. Equities in China grew.

Bloomberg Dollar Spot Index fell by 0,1%. US Treasuries yield fell to 2,88%.

WTI oil gained 0,2% and is traded for $67,91 per barrel. Gold price is $1200,07 per ounce.