Although American indices have hit new heights on Friday, with the beginning on the new trading week there are a lot of change and Asian takes over once again. Some of the Asian indices have risen as high as by 2 and more percent. European trading is overshadowed by the holiday season.
Topix went up 1.2 percent.
Hang Seng gained 2.1 percent.
Kospi grew 0.3 percent.
MSCI Asia Pacific rose 1.2 percent – the biggest increase in 6 weeks.
S&P 500 futures went up 0.3 percent.
Stoxx Europe 600 went up 0.3 percent.
MSCI Emerging Market added 1.1 percent.
Equities are finally facing the day we have all been waiting for in the last months – the fall of the dollar compared to its other major counterparts. Although now there are slight gains with the American equity, markets are noticeably lighter and are more at ease.
Dollar rose 0.05 percent after 0.1 percent loss it faced this morning.
Euro decreased 0.1 percent - $1.1613.
Pound lost 0.05 percent - $1.2842.
Commodities’ performance is so mixed that it is almost impossible to make out a pattern for this segment of the market for today.
WTI oil gained 0.03 percent - $68.74.
Brent is still at $75.82 point.
Natural gas declined 0.31 percent - $2.91 per MMBtu.
Gold lost 0.16 percent - $1.206.03.
Silver is 0.28 percent down - $14.86.