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Trade peace hopes fell along with stocks: Market News
US stocks drift, shares in Europe are trying to resist to downside pressure, while Asian equities fell along with optimism in regards to US-China trade peace comeback. Telecom companies and utilities showed the biggest gains within Stoxx Europe 600.
US stocks drift, shares in Europe are trying to resist to downside pressure, while Asian equities fell along with optimism in regards to US-China trade peace comeback.
Telecom companies and utilities showed the biggest gains within Stoxx Europe 600 that grew by 0,1%. Indexes Dow and S&P will open lower. S&P 500 lost 0,1% so far. All-Country World Index MSCI fell by 0,2%.
US Treasuries edged higher with yield declining to 3,20%. Bloomberg Dollar Spot Index gained 0,1%. British pound is growing amid strengthening hopes for Brexit deal. Euro lost less than 0,05% to $1,1385. Japanese yen fell less than 0,05% to 113,23 per dollar. Turkish lira lost 0,5% to 5,458 per dollar.
Oil is showing decline six days in a row. Today WTI oil lost 0,4% and is traded for $62,86 per barrel. Gold is down less than 0,05% to $1232,39 per ounce. LME Copper declined by 0,7% to $6236 per ton. Bloomberg Commodity Index gained 0,2%.
Emerging markets stocks and currencies declined. MSCI gauge for emerging markets fell by 0,7%.