MTS Futures News_PM_20180806

MTS News

MTS Futures News_PM_20180806

6 Aug 2018

·       Asian shares pared gains on Monday as Chinese stocks swung into negative territory, dragged lower by the escalating Sino-U.S. trade war, though Beijing’s efforts to stop sharp declines in the yuan helped support the currency.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS climbed 0.3 percent, after having risen about 1 percent earlier in the day.

·       Japan’s Nikkei share average edged lower in choppy trade on Monday as investors remained cautious amid a raft of corporate earnings and this week’s trade talks between Washington and Tokyo.

The Nikkei ended 0.1 percent lower at 22,507.32 after swinging between positive and negative territory throughout the day.


Reference: Reuters, CNBC

·       European markets were slightly lower Monday morning, amid a backdrop of renewed trade tensions.

The pan-European Stoxx 600 was down around 0.1 percent during early morning deals, with most sectors and major bourses in negative territory.

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