MTS Futures News_PM_20181213

MTS News

MTS Futures News_PM_20181213

13 Dec 2018

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·         European stocks opened slightly higher Thursday morning, amid signs of cooling trade tensions between the world’s two largest economies.

The pan-European Stoxx 600 was up around 0.25 percent shortly after the opening bell, with most sectors and major bourses in positive territory.

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·         Asian equity markets rallied on Thursday on signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to support its cooling economy.

Markets are slowly growing less pessimistic about the chances of a Sino-U.S. trade deal after a slew of news this week pointed to easing tensions between the two powers.

Reuters reported on Wednesday that Chinese state-owned companies have bought more than 1.5 million tonnes of U.S. soybeans in the first major U.S. soybean purchases in more than six months.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.8 percent, building on early gains made after British Prime Minister Theresa May survived a no-confidence vote.

·         China stocks rallied on Thursday as expectations of further policy measures to aid the economy led to gains across the board.

The blue-chip CSI300 index ended up 1.6 percent, at 3,219.69 points, while the Shanghai Composite Index rose 1.2 percent to 2,634.05 points.


Reference: Reuters, CNBC 

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