Stocks in Europe gain in the beginning of busy week: market news

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Stocks in Europe gain in the beginning of busy week: market news

June 11, 2018 - 12:30
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European shares grew with most stocks in Asia in the beginning of busy week, when three of largest central banks in the world (US Fed, ECB and Bank of Japan) set their interest rates. President Trump will meet with North Korean leader. Index Stoxx Europe 600 rose first time in five days by 0,5%. FTSE Index of UK grew by 0,5%. Major European bonds went down.

Photo © Gerd Altman, CC0 1.0

European shares grew with most stocks in Asia in the beginning of busy week, when three of largest central banks in the world (US Fed, ECB and Bank of Japan) set their interest rates. President Trump will meet with North Korean leader.

Index Stoxx Europe 600 rose first time in five days by 0,5%. FTSE Index of UK grew by 0,5%. Major European bonds went down. Yield of 10-year German bonds increased to 0,47%, yield of British 10-year bonds grew to 1,388%. Euro gained together with Italian bonds after Italy’s new Minister of Finance supported euro.

S&P 500 futures increased by 0,1%. US treasuries fell, and 10-year bonds yield is 2,96% today.

Indexes in Asia showed moderate growth earlier. Asian Pacific Index MSCI grew by 0,1%, Index MSCI for Emerging Markets increased by 0,4%. Japanese Nikkei gained 0,5%.

Canadian dollar went down after G7 meeting ended on negative mood and tension in trade relationships between the US and Canada rose.

WTI oil is trading at $65,64 a barrel. Price of gold is $1295,91 per ounce today.