Stocks in Europe go up: market news

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Stocks in Europe go up: market news

May 31, 2018 - 12:00
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European stocks went up today after Asian shares rose earlier, since investors gain confidence despite political crisis in Italy and unclear picture of future global trade. Indexes in China and Hong Kong increased among positive data on factories output. 

Photo © Gerd Altman, CC0 1.0

European stocks went up today after Asian shares rose earlier, since investors gain confidence despite political crisis in Italy and unclear picture of future global trade. Index Stoxx Europe 600 gained 0,2%. FTSE Index in the UK went up by 0,3%.

Indexes in China and Hong Kong increased among positive data on factories output. Index MSCI for Emerging Markets rose by 1%.

Index S&P 500 gained 0,1%. US 10-year Treasuries yield is 2,88% today.

Traders will focus their attention on US employment report that will be issued on Friday before Federal Reserve meeting next month where bank shall increase interest rates for seventh time since the end of 2015.

Euro rose by 0,4% to $1,711, Bloomberg Dollar Spot Index dropped by 0,2%.

Price of WTI oil lost 0,6% to $67,78 a barrel. Price of gold is $1304,84 per ounce.