Markets ignored new escalation of trade conflict: Market News

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Markets ignored new escalation of trade conflict: Market News

September 18, 2018 - 12:52
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According to Bloomberg, global markets relatively ignored new escalation of trade conflict between the US and China. Shares in Asia, US and Europe grew after America set new tariffs, and China promised to take countermeasures.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, global markets relatively ignored new escalation of trade conflict between the US and China.

Shares in Asia, US and Europe grew after America set new tariffs, and China promised to take countermeasures. Asian-Pacific MSCI index gained 0,7%. MSCI gauge for Emerging Markets is up 0,1%. S&P 500 gained 0,2%, while Stoxx Europe 600 0,1%. FTSE in the UK grew by 0,2%, DAX in Germany by 0,3%.

Chinese yuan pared drop, dollar is stable, euro and pound are falling. Bloomberg Dollar Spot Index lost less than 0,05%. Euro is traded for $1,1678. British pound fell by 0,2% and costs $1,3127.

US Treasuries fell and their yield grew to 3,00%. German and British 10-year bonds grew and their yields increased to 0,45% and 1,531% correspondingly.

WTI oil gained 1,4% and is traded for $69,89 per barrel.