Stocks in Europe and US fell after Asian equities: Market News

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Stocks in Europe and US fell after Asian equities: Market News

December 04, 2018 - 11:50
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According to Bloomberg, European stocks and US futures followed Asian equities lower as investors lost all optimism in regards to breakthrough in trade conflict. US Treasuries grew, dollar weakened.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, European stocks and US futures followed Asian equities lower as investors lost all optimism in regards to breakthrough in trade conflict. US Treasuries grew, dollar weakened.

Auto producers led declines in Stoxx Europe 600. Indexes in Japan, Australia and South Korea fell. Indexes in China and Hong Kong fluctuated before closing higher along with yuan.

Oil price has been growing for two days.

Main moves on the market by the middle of the day include the following:

Stoxx Europe 600 lost 0,4%, while S&P 500 futures dropped 0,6%. FTSE in the UK declined by 0,4%, DAX in Germany is 0,7% down. Asian-Pacific MSCI index fell by 0,6%, index for emerging markets lost 0,2%.

Bloomberg Dollar Spot Index declined by 0,4%. Euro gained 0,5% to $1,1415. British pound is 0,8% up to $1,2821. Japanese yen gained 0,8% to 112,78 per dollar.

US Treasuries yield fell to 2,97%. Yields of 10-year German and British bonds declined to 0,29% and 1,299% respectively.

WTI oil gained 2,2% and is traded for $54,09 per barrel. Gold price is 0,8% up to $1240,87 per ounce.