Stoxx Europe 600 rises for a second day: Market News

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Stoxx Europe 600 rises for a second day: Market News

October 16, 2018 - 14:03
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According to Bloomberg, stocks grew today along with US Treasuries ahead of earnings reports season. Stoxx Europe 600 has been growing two days in a row. Italian stocks are rising together with the country's bonds as the government came to agreement in regards to budget.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, stocks grew today along with US Treasuries ahead of earnings reports season.

Stoxx Europe 600 has been growing two days in a row. It gained 0,4%. Italian stocks are rising together with the country's bonds as the government came to agreement in regards to budget. FTSE in the UK lost 0,3%, DAX in Germany rose by 0,2%.

S&P 500 gained 0,3%. In Asia stocks in Japan increased, while equities in Hong Kong and China retreated. Asian-Pacific MSCI index grew by 0,5%. MSCI gauge for Emerging Markets is 0,5% up. 

Bloomberg Dollar Spot Index gained less than 0,05%. Euro lost 0,1% to $1,1569. British pound grew by 0,3% to $1,3196. Japanese yen lost 0,3% to 112,12 per dollar.

US Treasuries yield is 3,17%. Italian 10-year bonds yield went 11 basis points down to 3,434%.

WTI oil lost 0,8% to $71,19 per barrel. Gold price is $1228,30 per ounce.