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Stocks grew in expectations of new turns in trade war: Market News
According to Bloomberg, stocks grew on Thursday as traders are waiting for new turns in trade war and US Treasuries yield grew above 3% reaching the highest level in this year.
According to Bloomberg, stocks grew on Thursday as traders are waiting for new turns in trade war and US Treasuries yield grew above 3% reaching the highest level in this year.
Dollar is still under pressure after news that the US and Canada will unlikely reach agreement on NAFTA. Bloomberg Dollar Spot Index lost 0,2%. British pound gained 0,5% to $1,3213 after retail sales growth in August was higher than expected. Euro gained 0,3% to $1,1708.
Stoxx Europe 600 grew by 0,5%. British FTSE rose by 0,2%, while German DAX by 0,4%. US futures of S&P 500 gained 0,1%. Most indexes in Asia grew as well. Asia-Pacific MSCI index increased by 0,2%. MSCI gauge for Emerging Markets gained 0,5%.
Oil is holding above $71 per barrel. Gold price is $1203,14 per ounce.