Dollar strengthening accelerated
US stocks recorded third session of bearish trading on Thursday despite news Vice Premier Liu He invited his US counterparts for more talks in Beijing - the passage of Hong Kong human rights bill at both US Senate and House notwithstanding. The S&P 500 slid 0.2% to 3103.54. The Dow Jones industrial average slipped 0.2% to 27766.29. Nasdaq composite index lost 0.2% to 8506.21. The dollar strengthening accelerated as data showed initial jobless claims were little changed at 227,000, while Conference Board’s index of leading indicators fell for a third straight month. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.1% to 97.96 but is lower currently. Futures on US stock indices point to higher openings.
FTSE 100 still loss leadеr among European indexes
European stock indexes retreated fourth straight session on Thursday. Both EUR/USD and GBP/USD accelerated their decline yesterday with both pairs higher currently. The Stoxx Europe 600 index ended 0.4% lower led by basic resources shares. Germany’s DAX 30 lost 0.16% to 13137.70. France’s CAC 40 slipped 0.2% and UK’s FTSE 100 fell 0.3% to 7238.55.
Australia’s All Ordinaries Index leads Asian indexes gains
Asian stock indices are mostly higher today after China’s Commerce Ministry spokesman said Thursday Beijing was committed to continuing discussions on core concerns. Nikkei recovered 0.3% to 23112.88 as yen resumed its climb against dollar. Chinese stocks are mixed: the Shanghai Composite Index is down 0.6% while Hong Kong’s Hang Seng Index is 0.4% higher. Australia’s All Ordinaries Index turned rebounded 0.6% despite resumed Australian dollar rise against the greenback.
Brent advance halted
Brent futures prices are edging higher today. Prices ended higher yesterday after report OPEC and its allies, including Russia, are likely to agree to extend crude output cuts until mid-2020 when they meet next month: January Brent crude rallied 2.5% to $63.97 a barrel on Thursday.
US stocks recorded third session of bearish trading on Thursday despite news Vice Premier Liu He invited his US counterparts for more talks in Beijing - the passage of Hong Kong human rights bill at both US Senate and House notwithstanding. The S&P 500 slid 0.2% to 3103.54. The Dow Jones industrial average slipped 0.2% to 27766.29. Nasdaq composite index lost 0.2% to 8506.21. The dollar strengthening accelerated as data showed initial jobless claims were little changed at 227,000, while Conference Board’s index of leading indicators fell for a third straight month. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.1% to 97.96 but is lower currently. Futures on US stock indices point to higher openings.
FTSE 100 still loss leadеr among European indexes
European stock indexes retreated fourth straight session on Thursday. Both EUR/USD and GBP/USD accelerated their decline yesterday with both pairs higher currently. The Stoxx Europe 600 index ended 0.4% lower led by basic resources shares. Germany’s DAX 30 lost 0.16% to 13137.70. France’s CAC 40 slipped 0.2% and UK’s FTSE 100 fell 0.3% to 7238.55.
Australia’s All Ordinaries Index leads Asian indexes gains
Asian stock indices are mostly higher today after China’s Commerce Ministry spokesman said Thursday Beijing was committed to continuing discussions on core concerns. Nikkei recovered 0.3% to 23112.88 as yen resumed its climb against dollar. Chinese stocks are mixed: the Shanghai Composite Index is down 0.6% while Hong Kong’s Hang Seng Index is 0.4% higher. Australia’s All Ordinaries Index turned rebounded 0.6% despite resumed Australian dollar rise against the greenback.
Brent advance halted
Brent futures prices are edging higher today. Prices ended higher yesterday after report OPEC and its allies, including Russia, are likely to agree to extend crude output cuts until mid-2020 when they meet next month: January Brent crude rallied 2.5% to $63.97 a barrel on Thursday.