Asian markets have calmed down after the selloff caused by the Turkish crisis. Today Erdogan is addressing the people of Turkey and markets don’t care that much about the local problem in the country. European stocks and indices are calm as well.
MSCI Asia Pacific is up by 0.5 percent – biggest gain in a week.
S&P 500 futures added 0.3 percent which is the first advance for the index in a week.
Hang Seng declined 1.4 percent.
Topix went up 1.4 percent.
Kospi added 0.5 percent.
Stoxx Europe 600 went up 0.4 percent.
MSCI All-Country World advanced 0.2 percent. That is the first gain fir the index in a week.
Currencies are not as shaky as well today with dollar being knocked down from the 14-months-high reached by the greenback yesterday.
Dollar lost 0.2 percent against the basket of six major currencies which is biggest declined for American currency in almost four weeks.
Euro grew 0.05 percent - $1.1411.
Pound added 0.2 percent - $1.2791 – the biggest jump in two weeks for the British currency.
Commodities are mostly in the green zone as opposed to their performance yesterday.
WTI oil grew 0.76 percent - $67.71 per barrel.
Brent gained 0.58 percent - $73.03.
Natural gas advanced 0.1 percent - $2.93 for MMBtu.
Gold rose 0.19 percent - $1.201.20 per ounce.
Ounce of silver is 0.25 percent up - $15.02.
Copper lost 0.64 percent and one pound of it now costs $271.35.
Corn grew 0.07 percent - $370.75 per ounce.
Cocoa lost 0.23 percent - $2.143.00 for metric ton.