{"id":125087,"date":"2018-04-13T05:58:34","date_gmt":"2018-04-13T09:58:34","guid":{"rendered":"http:\/\/countingpips.com\/?p=125087"},"modified":"2018-06-01T15:40:53","modified_gmt":"2018-06-01T15:40:53","slug":"markets-rise-as-syria-tensions-ease","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/04\/markets-rise-as-syria-tensions-ease\/","title":{"rendered":"Markets rise as Syria tensions ease"},"content":{"rendered":"
April 13, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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US stocks close higher as financials rally<\/h2>\n<\/div>\n<\/div>\n

US stock indices\u00a0<\/b>ended higher on Thursday as Syria tensions eased after President Trump tweeted that a missile strike was not imminent.\u00a0Dow Jones\u00a0<\/em>industrial average rose 1.2% to 24483.05. The\u00a0S&P 500\u00a0<\/em>added 0.8% to 2663.99 led by financial stocks up 1.8%. The\u00a0Nasdaq\u00a0<\/a>composite gained 1% to 7140.25. The dollar strengthened: 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 0.3% to 89.745. Stock indices futures indicate mixed openings today.<\/p>\n

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Geopolitical tensions eased after President Trump tweeted a US military strike in Syria \u201cCould be very soon or not so soon at all!\u201d The focus is now on earnings season which started yesterday by better than expected results from BlackRock, world\u2019s largest asset management firm. Today JPMorgan and Citigroup are scheduled to release their quarterly reports. Economic data were positive: initial jobless claims fell in the first week of April and returned near the lowest levels since the early 1970s.<\/p>\n<\/div>\n<\/div>\n

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DAX leads European indices recovery<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>ended higher on Thursday as fears of escalation in Syria conflict eased after President Trump\u2019s tweet. The\u00a0euro\u00a0<\/em>turned lower against the dollar while the\u00a0British Pound\u00a0<\/em>extended gains. The Stoxx Europe 600 index added 0.7%. Germany\u2019s\u00a0DAX 30\u00a0<\/a>outperformed rallying 1% to 12415.01. France\u2019s\u00a0CAC 40\u00a0<\/em>rose 0.6% and UK\u2019s\u00a0FTSE 100<\/em>edged up less than 0.1% to 7258.34. Indices opened 0.1% – 0.4% higher today.<\/p>\n

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Euro weakened after minutes of the European Central Bank\u2019s meeting indicated the central bank plans to move only gradually in phasing out its 30 billion-euro ($37 billion) a month bond-buying program and starting to raise interest rates. Economic data were weak: industrial production in the euro-zone fell for a third straight month in February.<\/p>\n<\/div>\n<\/div>\n

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China posts surprise trade deficit<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly higher today despite surprise China trade deficit for March.\u00a0Nikkei\u00a0<\/em>rose 0.6% to 21778.74 helped by continued yen weakening against the dollar. Chinese stocks are mixed as China\u2019s trade balance turned to a deficit of $4.98 billion in March from a $33.7 billion surplus the previous month: the\u00a0Shanghai Composite Index\u00a0<\/em>is 0.7% lower while Hong Kong\u2019s\u00a0Hang Seng Index\u00a0<\/em>is up 0.1%. Australia\u2019s All Ordinaries Index is up 0.2% despite continued rise in Australian dollar against the greenback.<\/p>\n

\"HK50\"<\/p>\n

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Brent\u00a0<\/a>slides<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices\u00a0<\/b>are edging lower today as geopolitical tensions subsided. They ended lower yesterday: Brent for June settlement lost less than 0.1% to close at $72.02 a barrel on Thursday.<\/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 US stocks close higher as financials rally US stock indices\u00a0ended higher on Thursday as Syria tensions eased after President Trump tweeted that a missile strike was not imminent.\u00a0Dow Jones\u00a0industrial average rose 1.2% to 24483.05. The\u00a0S&P 500\u00a0added 0.8% to 2663.99 led by financial stocks up 1.8%. The\u00a0Nasdaq\u00a0composite gained 1% to 7140.25. The dollar strengthened: […]<\/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-125087","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125087","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=125087"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125087\/revisions"}],"predecessor-version":[{"id":125092,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125087\/revisions\/125092"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=125087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=125087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=125087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}