Although trade war between the United States and China only escalates and Chinese side of the conflict went as far as to state that there will be no dialogue on the topic between the two biggest economies in the world, Asian segment of the stock market is doing extremely good with not much losses as the new trading week began. Europe is also pretty calm even though there is a lot of turbulence around Brexit talks.
Shanghai Composite gains 2.5 percent.
Nikket 225 rose 0.82 percent.
Hang Seng declined 1.5 percent
Kospi grew 0.68 percent.
MSCI Asia Pacific declined 0.6 percent.
Topix advances 0.92 percent.
Stoxx Europe 600 lost 0.2 percent.
S&P 500 futures lost 0.1 percent.
MSCI Emerging Market Index went down 0.7 percent.
With greenback still waking up from the weekend’s slumber, other currencies are quick to jump onto the weak greenback in order to give themselves a little boost.
Dollar rose less than 0.05 percent.
Euro went up by 0.1 percent - $1.1766.
Pound adds 0.4 percent - $1.3127.
OPEC meeting that took place on the weakened was exactly what the oil prices needed in the end and right now Brent is breaching the $80 per barrel point it was so long looming around.
WTI oil rose 1.7 percent - $71.98 per barrel.
Brent is up 2.42 percent - $80.17 per barrel.
Natural gas lost 0.13 percent - $2.97 per MMBtu.
Heating oil gained 2.12 percent - $237.33 per gallon.
Ounce of gold added 0.23 percent - $1204.10 per ounce.
Silver increased 0.04 percent - $14.37 per ounce.
Platinum grew 0.38 percent - $831.15.