Global stocks continued growing on Friday: Market News

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Global stocks continued growing on Friday: Market News

November 02, 2018 - 12:59
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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.

Photo © Gerd Altmann, CC0 1.0

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%.

Stoxx Europe 600 may show best week in two years. It gained 1% today. Car makers and basic resources companies are leading. UK’s FTSE is 0,6% up, German DAX grew by 1,4%. Euro gained 0,3% to $1,1445, even though data showed declining production in Italy. British pound is 0,1% up to $1,3031.

S&P 500 futures gained 0,7% despite of Apple’s decline.

Asian-Pacific MSCI index increased by 5% this week. MSCI gauge for emerging markets gained 3,1% today.

WTI oil lost another 0,3% and is traded for $63,53 per barrel. Gold is 0,2% up to $1235,37 per ounce. Bloomberg’s gauge for industrial metals is recovering from 15 months low. Copper, zinc and nickel are leading with LME copper gaining as much as 1,9%.