European Stocks Edge Higher Before Earnings; Pound Steadies

European stocks drifted higher on Tuesday and U.S. equity futures pointed to a rise at the opening amid a lull in the trade war and as investors studied the coming earnings season. The pound steadied after Monday’s decline as the U.K.’s Theresa May battled to reassert control over her government.

Energy and resource companies were the biggest winners in the Stoxx Europe 600 Index, while futures on the S&P 500, Nasdaq and Dow pointed to a firmer open.

The Stoxx Europe 600 Index increased 0.1 percent as of 8:16 a.m. London time, hitting the highest in more than three weeks.

Source: Bloomberg

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Nikkei falls before US-China tariff deadline; banks weaken

Japan’s Nikkei share average fell on Thursday morning as trade tensions kept activity in check, while banks and index-heavy stocks such as Fast Retailing dragged on the market.

Investors were jittery ahead of July 6, when U.S. tariffs on $ 34 billion worth of Chinese goods are set to kick in. China has said it would retaliate with tariffs on U.S. products.

The Nikkei dropped 0.2 percent to 21,679.16 in midmorning trade. The broader Topix dropped 0.3 percent to 1,688.23.

Analysts said that cash trade will likely be thin, while short-term players such as commodity trading advisors are expected to trade on futures following China’s yuan moves. If anxieties over U.S.-China trade frictions deepen, they may sell the yuan and buy the safe-haven yen, which could dent stocks further.

Source : Reuters

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Asia Stocks on Edge Before Tariff Deadline in Sino-U.S. Trade Row

Asian stocks got off to a cautious start on Thursday as investors remained nervous amid a looming deadline for Washington’s proposed tariffs on Chinese imports, leaving financial markets in a state of anxious uncertainty.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.03 percent after declining 0.4 percent the previous day.

U.S. stock futures were marginally firmer, pointing to a higher open for Wall Street later in the day.

Japan’s Nikkei was down 0.1 percent, South Korea’s KOSPI was flat and Australian stocks rose 0.4 percent.

Source : Reuters

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

1 2 3 159