Mixed performance of Asian and European markets is due to the new talks on the increased American tariffs towards China. After all Trump decided to hit china with increasing American $200 billion tariffs by 15 more percent from 10 to 25. Waiting for the official statements from China.
Topix rose 0.6 percent.
Kospi gained 0.7 percent.
Hang Seng erased 0.1 percent gains with a little fall.
S&P 500 futures fell 0.2 percent.
Nikkei Stock Average 225 is up by 0.85 percent.
Stoxx Europe 600 lost 0.05 percent.
MSCI All-Country World surged 0.3 percent.
MSCI Emerging Market lost less than 0.05 percent.
Newest addition to the greenback allowed the currency to climb to the highest point in two weeks. Euro is in its turn at the weakest point in two weeks and British pound went further and declined to the lowest point in four weeks.
Dollar added 0.1 percent against the six major peers.
Euro lost 0.2 percent - $1.1308.
Pound decreased 0.6 percent - $1.2747.
It is clear that today is not the best day for the commodities as we clearly see a big declined in all of them. Oil is especially in the red zone today.
WTI oil declined 1.49 percent - $50.86.
Brent fell 1.16 percent - $59.78 per barrel.
MMBtu of natural gas lost 2.61 percent, further extending yesterday’s fall - $4.14.
Heating oil lost 1.11 percent - $187.2 per gallon
Gold is down by 0.2 percent - $1226.2 per ounce.
Silver lost 0.33 percent - $14.3 per ounce.
Platinum declined 0.3 percent - $841.21 per ounce.