According to Bloomberg, global stocks continued growing on Friday. Hopes for improvement of trade relations between the US and China supported market recovery. US Treasuries fell along with dollar. Their yield is up to 3,16%. Bloomberg Dollar Spot Index lost 0,4%.
US agreed to allow eight countries continue importing oil from Iran after US sanction are imposed in regards to this OPEC’s producer, Bloomberg reports. Among those countries are Japan, India and South Korea.
This measure will help to prevent price spike on the oil market. China was also included in the list mentioned above.
Apple Inc. made a decision not to report how many units of iPhone, iPad and iMacs it sold from the next quarter, and this decision was not accepted very well by investors, Bloomberg reports. And although some experts think that this is one more step to new business model focused on services, most analytics assume that this is an attempt to hide problems of stagnating smartphones market.
Euro Stoxx 50 index gained 1,6%, Bloomberg reports. Perspectives for Brexit deal as well as for trade agreement between the US and China support growth of European shares, Bloomberg reports.
Markets from Japan to India are growing after Bloomberg News issued information about willingness of President Donald Trump to reach trade agreement with China at Group of 20 summit, which will take place in Argentina later this month, Bloomberg writes today.
According to Bloomberg, stocks continued their growth on Thursday as positive results of earnings allowed investors forget about worst month for global equities in more than six years.
Price growth for UK’s houses fell below 2% for the first time in five years, Bloomberg reports with the reference to Nationwide Building Society.
In October housing prices at the market, which was in subdued mood recently, grew by 1,6% compared with the last year. These are the lowest gains since the middle of 2013.
Chinese stocks started this month on a positive note, Bloomberg reports. Country’s officials assured that they will increase stimulus to support slowing Chinese economy. Chinese yuan gained.
Oil price is holding at level close to $65 per barrel after the worst month for oil market in more than two years was finished, Bloomberg reports. Investors worry about excess supply and strengthening dollar.
Decline in Australian housing market has been observed for a second year already, Bloomberg reports. Average property price fell last month by 0,5%, and as a result, annual decline reached 3,5%. These are the weakest results since 2012.
