MTS Futures News_PM_20180829

MTS News

MTS Futures News_PM_20180829

29 Aug 2018

• European stocks were slightly higher Wednesday morning, as investors continued to monitor corporate earnings and global trade developments.

The pan-European Stoxx 600 edged up around 0.2 percent during early morning deals, with most sectors and major bourses in positive territory.

• Asian shares crept marginally higher on Wednesday as optimism over the U.S.-Mexico trade deal was quickly clouded by caution ahead of a looming deadline on tariffs with China.

A flat finish on Wall Street and a dearth of major economic data across the region made for thin trade and MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eked out a rise of 0.2 percent.

• Japan’s Nikkei share average rose for the seventh straight session on Wednesday as technology shares advanced along with their Wall Street counterparts.

The Nikkei ended the day up 0.15 percent at 22,848.22 points.

• Chinese stocks fell on Wednesday, as the country’s state planner warned of more risks to growth in the second half of 2018.

The blue-chip CSI300 index fell 0.4 percent to 3,386.57 points, while the Shanghai Composite Index ended down 0.3 percent at 2,769.29 points.

China’s state planner head has warned the economy faces increased risks in the second half of this year and that greater efforts are needed for policymakers to hit economic development goals as external challenges intensify.


Reference: Reuters, CNBC

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