Stocks in Asia failed to perform as smooth as they did yesterday although there are both gains and losses among the major positions. But we were expecting to see a performance more spectacular than what we got as USA reached trade deal with EU and now decision on two-sided tariffs is going to be issued. European stocks, as expected gained more value on being hopeful for the new trading future.
MSCI Asia Pacific added 0.3 percent.
Kospi rose 0.6 percent.
Hang Seng lost 0.8 percent.
Topix went up 0.7 percent.
MSCi Asia Pacific added 0.3 percent – highest position in 5 weeks.
S&P 500 futures declined 0.2 percent.
Stoxx Europe 600 added 0.6 percent.
MSCI Emerging Market grew 0.2 percent.
Equities still seem scared to make any rapid movements with none of the major points moving.
Dollar gained less than 0.05 percent against the six major currencies.
Euro is unchanged - $1.1729.
Pound went up 0.1 percent - $1.3198.
Commodities are a real joy these days with the segment of the market looking very attractive for the third day in a row.
WTI oil advanced 0.26 percent - $69.48 per barrel.
Brent grew 1 percent - $74.67.
Natural gas increased 0.36 percent - $2.79 per MMBtu
Gold lost 0.35 percent of the ounce price - $1.236.60.
Silver declined 0.3 percent - $15.54.
Pound of cotton fell 0.15 percent - $87.84.
Corn lost 1.4 percent - $378.50 per bushel.
Wheat added 1.47 percent - $550.75 per bushel.