Traders hope for easing in trade tensions: Market News

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Traders hope for easing in trade tensions: Market News

August 20, 2018 - 12:40
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According to Bloomberg, US equity futures and European shares are growing today together with Asian markets, as traders hope for easing in trade tensions. Investors will also be closely watching after meeting of financial leaders in Jackson Hole this week. Dollar is growing, and euro is falling.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, US equity futures and European shares are growing today together with Asian markets, as traders hope for easing in trade tensions. Investors will also be closely watching after meeting of financial leaders in Jackson Hole this week.

Dollar is growing, and euro is falling. Bloomberg Dollar Commodity Index gained 0,6%. Euro lost 0,1% and costs $1,141.

Shares of miners increased together with metals that contributed to the growth of Stoxx Europe 600 by 0,6%. S&P 500, Dow and Nasdaq will open higher. Futures of S&P 500 grew by 0,2%.

Chinese yuan is increasing, while Turkish lira is falling for a second day. It lost 1,1% today to 6,0817 per dollar.

Stocks of emerging markets are growing along with their currencies. MSCI index for Emerging Markets grew by 1,1%.

WTI oil gained less than 0,05% to $65,92 per barrel. LME copper grew by 1,5% to $6017,50 per ton. Price of gold is $1188,10 per ounce. Bloomberg Commodity Index gained 0,5%.