{"id":129144,"date":"2018-06-27T06:29:57","date_gmt":"2018-06-27T10:29:57","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=129144"},"modified":"2018-06-27T06:29:57","modified_gmt":"2018-06-27T10:29:57","slug":"stocks-edge-up-as-trade-concerns-linger","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/06\/stocks-edge-up-as-trade-concerns-linger\/","title":{"rendered":"Stocks edge up as trade concerns linger"},"content":{"rendered":"
June 27, 2018<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/p>\n

\n
\n

Dollar strengthens<\/h2>\n<\/div>\n<\/div>\n

US stock indices\u00a0<\/b>edged higher Tuesday led by energy shares. The\u00a0S&P 500\u00a0<\/em>ended 0.2% higher at 2723.06.\u00a0Dow Jones<\/em>industrial average inched up 0.1% to 24283.11. The\u00a0Nasdaq\u00a0<\/a>composite index rose 0.4% to 7561.63. The dollar strengthening resumed as The S&P\/Case-Shiller national index rose 6.4% for the year in April: 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, gained 0.4% to 94.989 but is lower currently. Stock index futures point to lower openings today.<\/p>\n

\"DJI\"<\/p>\n

\n
\n

DAX sill biggest loser among European indices<\/h2>\n<\/div>\n<\/div>\n

European stock indices\u00a0<\/b>crept higher Tuesday as investors pondered the impact of tariff measures on European economy after President Trump ordered tariffs on steel and aluminum imports from EU. The\u00a0euro\u00a0<\/em>and\u00a0British Pound\u2019s\u00a0<\/em>slide against the dollar continued but both currencies are higher currently. The Stoxx Europe 600 added less than 0.1%. The German\u00a0DAX 30\u00a0<\/a>dropped 0.3% to 12677.97. France\u2019s\u00a0CAC 40<\/em>\u00a0slipped less than 0.1% but UK\u2019s\u00a0FTSE 100\u00a0<\/em>gained 0.4% to 7537.92. Indices opened flat to 0.2% higher today.<\/p>\n

\n
\n

Asian indices rout continues<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are falling today after the US House of Representatives overwhelmingly passed a bill on Tuesday to tighten foreign investment rules.\u00a0Nikkei\u00a0<\/em>lost 0.3% to 22271.77 as the yen turned higher against the dollar. Chinese stocks are falling despite China’s central bank decision to cut banks’ reserve requirement ratios to boost market liquidity: theShanghai Composite Index\u00a0<\/em>is down 1.1% and Hong Kong\u2019s\u00a0Hang Seng ndex\u00a0<\/em>is 1.4% lower. Australia\u2019s All Ordinaries Index is down 0.03% despite Australian dollar\u2019s continued slide against the greenback.<\/p>\n

\n
\n

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

Brent futures prices\u00a0<\/b>are extending gains today as US warned nations importing crude oil from Iran to wind down importing oil from the country by November 4. The American Petroleum Institute reported late Tuesday that US crude inventories fell by 9.2 million barrels to 421.4 million. Prices ended higher yesterday: August Brent fell 2.1% to $76.31 a barrel Tuesday. Today at 16:30 CET the Energy Information Administration will release US Crude Oil Inventories.<\/p>\n

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

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

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 Dollar strengthens US stock indices\u00a0edged higher Tuesday led by energy shares. The\u00a0S&P 500\u00a0ended 0.2% higher at 2723.06.\u00a0Dow Jonesindustrial average inched up 0.1% to 24283.11. The\u00a0Nasdaq\u00a0composite index rose 0.4% to 7561.63. The dollar strengthening resumed as The S&P\/Case-Shiller national index rose 6.4% for the year in April: the\u00a0live dollar index\u00a0data show the ICE US […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-129144","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129144","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=129144"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129144\/revisions"}],"predecessor-version":[{"id":129149,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129144\/revisions\/129149"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=129144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=129144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=129144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}