{"id":133150,"date":"2018-09-04T06:15:49","date_gmt":"2018-09-04T10:15:49","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=133150"},"modified":"2018-09-04T05:36:48","modified_gmt":"2018-09-04T09:36:48","slug":"concerns-over-global-trade-uncertainty-persist","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/09\/concerns-over-global-trade-uncertainty-persist\/","title":{"rendered":"Concerns over global trade uncertainty persist"},"content":{"rendered":"
September 4, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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US markets poised to open higher<\/h2>\n<\/div>\n<\/div>\n

US stock market\u00a0<\/b>was closed on Monday for Labor Day holiday. Stocks ended essentially flat Friday as US and Canada talks ended without a deal, preserving global trade uncertainty. The\u00a0S&P 500\u00a0<\/em>ended the week 0.9% higher and gained 3% for the month. The dollar strengthening slowed:\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, added 0.1% to 95.112 and is higher currently. Markets will reopen today after 3-day weekend and futures on three main US stock indices rose yesterday and point to higher openings today.<\/p>\n

\"SP500<\/p>\n

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DAX 30 opens higher<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>turned higher on Monday. The\u00a0GBP\/USD\u00a0<\/a>continued its slide after EU negotiator Michel Barnier’s critical comments about UK Prime Minister Theresa May\u2019s Brexit plan. The\u00a0EUR\/USD\u00a0<\/em>turned higher but both pairs are moving lower currently. The Stoxx Europe 600 index gained less than 0.1%. The\u00a0DAX 30\u00a0<\/em>lost 0.1% to 12346.41 while France\u2019s\u00a0CAC 40<\/em>gained 0.1%. UK\u2019s\u00a0FTSE 100\u00a0<\/a>rose 1% to 7504.60. Indices opened 0.1% – 0.4% higher today.<\/p>\n

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Asian indices edge higher<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly higher today.\u00a0Nikkei\u00a0<\/em>lost 0.1% to 22696.90 despite accelerated yen slide against the dollar. Chinese stocks are higher: the\u00a0Shanghai Composite Index\u00a0<\/em>is up 1.1% and Hong Kong\u2019s\u00a0Hang Seng\u00a0<\/em>Index is 1% higher. Australia\u2019s All Ordinaries Index extended losses 0.3% despite the Australian dollar turn lower against the greenback.<\/p>\n

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Brent\u00a0<\/a>gains continue<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices\u00a0<\/b>are edging higher today as many banks including Barclays of UK, France\u2019s BNP Paribas revised upward their 2019 average price forecast due to expected output shortage from Iran sanctions. Prices extended gains yesterday: October Brent crude settled 0.6% higher at $78.03 a barrel 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 US markets poised to open higher US stock market\u00a0was closed on Monday for Labor Day holiday. Stocks ended essentially flat Friday as US and Canada talks ended without a deal, preserving global trade uncertainty. The\u00a0S&P 500\u00a0ended the week 0.9% higher and gained 3% for the month. The dollar strengthening slowed:\u00a0live dollar index\u00a0data show […]<\/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-133150","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133150","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=133150"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133150\/revisions"}],"predecessor-version":[{"id":133155,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133150\/revisions\/133155"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=133150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=133150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=133150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}