{"id":113119,"date":"2017-09-19T07:15:23","date_gmt":"2017-09-19T11:15:23","guid":{"rendered":"http:\/\/countingpips.com\/?p=113119"},"modified":"2017-09-19T06:36:00","modified_gmt":"2017-09-19T10:36:00","slug":"global-equities-advance-as-geopolitical-tensions-ease","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/09\/global-equities-advance-as-geopolitical-tensions-ease\/","title":{"rendered":"Global equities advance as geopolitical tensions ease"},"content":{"rendered":"
September 19, 2017<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dow and SP 500 close at fresh record highs<\/h2>\n<\/div>\n<\/div>\n

US stocks\u00a0<\/b>advanced on Monday as North Korea tensions subsided. The dollar recovered: the\u00a0live dollar index<\/a>\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, rose 0.2% to 92.022.\u00a0S&P 500\u00a0<\/em>closed 0.2% higher settling at record high 24503.87, led by financial and materials stocks. The\u00a0Dow Jones\u00a0<\/a>industrial average rose 0.3% to 22331.35, fifth record close in a row. The\u00a0Nasdaq\u00a0<\/em>composite index added 0.1% closing at 6454.64.<\/p>\n

\"SP<\/p>\n

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European stocks rebound<\/h2>\n<\/div>\n<\/div>\n

European stock indices\u00a0<\/b>rebounded on Monday as investors\u2019 risk appetite recovered following North Korea\u2019s Friday launch of a missile over Japan. The\u00a0euro\u00a0<\/em>rose against the dollar but\u00a0British Pound\u00a0<\/em>slipped. The Stoxx Europe 600 index rose 0.3%. The\u00a0DAX 30\u00a0<\/em>added 0.3% to 12559.39. France\u2019s\u00a0CAC 40\u00a0<\/em>gained 0.3%. UK\u2019s\u00a0FTSE 100\u00a0<\/a>rose 0.5% to 7253.28. Indices opened 0.1%-0.5% higher today. Indices opened lower today.<\/p>\n

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Pound eased after Bank of England Governor Carney said that the UK economy will likely grow slower than other G-7 nations until mid-2018 due to Brexit uncertainties. Gains in German stocks were limited by Bundesbank report German economic growth may have lost some momentum during the third quarter as some economic indicators at the start of the summer quarter were softer than expected. Nevertheless the central bank expects German economy will continue strong growth. In other economic data euro-zone headline inflation rose to 1.5% in August, according to Eurostat. Inflation was 1.3% in July.<\/p>\n<\/div>\n<\/div>\n

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Asian stocks retreat<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly lower today.\u00a0Nikkei\u00a0<\/em>jumped 2% to 20299.38 helped by yen weakness against the dollar as Japanese markets reopened after a public holiday Monday. Chinese stocks are retreating: the\u00a0Shanghai Composite Index\u00a0<\/em>is down 0.4% and Hong Kong\u2019s\u00a0Hang Seng\u00a0<\/em>Index is 0.2% lower. Australia\u2019s All Ordinaries Index is down 0.1% as Australian dollar resumed the climb against the greenback.<\/p>\n

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Oil higher after lower Saudi output report<\/h2>\n<\/div>\n<\/div>\n

Oil futures prices\u00a0<\/b>are rising today supported by report Iraq\u2019s crude oil production is at 4.32 million barrels per day (bpd) currently compared to almost 4.5 million bpd in May and June. Prices fell Monday after a report from the Energy Information Administration the US output from seven major shale plays is expected to climb 79,000 bpd in October, to 6.083 million bpd. barrels a day as market participants assess the damage from November Brent crude rose 0.3% settling at $55.48 a barrel on London\u2019s ICE Futures exchange on Monday.<\/p>\n

Market Analysis provided by IFCMarkets<\/a><\/p>

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Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Dow and SP 500 close at fresh record highs US stocks\u00a0advanced on Monday as North Korea tensions subsided. The dollar recovered: the\u00a0live dollar index\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, rose 0.2% to 92.022.\u00a0S&P 500\u00a0closed 0.2% higher settling at record […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-113119","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=113119"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113119\/revisions"}],"predecessor-version":[{"id":113139,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113119\/revisions\/113139"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=113119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=113119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=113119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}