Trading in Asia is stalling today as fears of trade war become more of a reality. It is easy to say that bears have got markets in their grip today. Although Europe is on the rise today as we see improvement in the performance in European segment of the market.
Hang Seng decreased 0.2 percent.
S&P 500 futures slid 0.05 percent.
Kospi lost 1 percent.
Shanghai Composite shed 2.6 percent.
Topix declined 0.4 percent.
Nikkei Stock Average 225 slid 0.2 percent.
MSCI Asia Pacific lost 0.1 percent and sank to the lowest point in 18 months.
Stoxx Europe 600 added 0.4 percent.
FTSE 100 surged 0.6 percent.
DAX rose 0.6 percent.
MSCI Emerging Market gained 0.1 percent
Greenback is recovering quite some points and we can see that the growth of dollar is mirrored in the growth of euro and pound. And although gains there are small. It is still good to see a recovery in the present situation.
Dollar climbed 0.1 percent against the basket of six major peers.
Euro gained less than 0.05 percent - $1.1406.
Pound grew by 0.05 percent - $1.2829.
Commodities are watching losing oil and going down as there is no hope for the recovery here.
WTI oil lost 0.62 percent - $67.17 per barrel.
Brent lost 0.7 percent - $77.08 per barrel.
MMBtu of natural gas dipped 1.82 percent - $3.13.
Heating oil lost 0.54 percent - $229.06 per gallon.
Gold lost 0.22 percent - $1233.1 per ounce.
Silver lost 0.34 percent - $14.65 per ounce.
Platinum advanced 0.01 percent - $832.8