MTS Futures News_PM_20180821

MTS News

MTS Futures News_PM_20180821

21 Aug 2018


·         European stocks were slightly lower Tuesday morning, as comments from President Donald Trump weighed on the dollar and tested market optimism ahead of U.S.-China trade talks.

The pan-European Stoxx 600 was down around 0.1 percent shortly after the opening bell, with most sectors and major bourses in negative territory.

• Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy capped gains and weighed on the dollar.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS climbed 0.6 percent.

• Japan’s Nikkei shed losses and edged up after a weakening of the yen spurred futures purchases, but mobile phone carriers tumbled after a media report cited a Japanese official as saying the industry needs reform.

The Nikkei share average, down much of the day, ended 0.1 percent higher at 22,219.73.

• China stocks extended their gains on Tuesday, led by technology, consumer and financial stocks, as risk appetite improved on signs the government will relax monetary and fiscal policies to counter the impact of Sino-U.S. trade friction.

The blue-chip CSI300 index ended 1.8 percent higher at 3,326.65, while the Shanghai Composite Index closed up 1.3 percent at 2,733.83 points.


Reference: Reuters, CNBC

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