{"id":133278,"date":"2018-09-06T06:30:37","date_gmt":"2018-09-06T10:30:37","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=133278"},"modified":"2018-09-06T06:30:37","modified_gmt":"2018-09-06T10:30:37","slug":"global-equities-track-us-market-retreat","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/09\/global-equities-track-us-market-retreat\/","title":{"rendered":"Global equities track US market retreat"},"content":{"rendered":"
September 6, 2018<\/div>
\r\n<\/div><\/div>

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

\n
\n

Dollar slips on trade deficit jump<\/h2>\n<\/div>\n<\/div>\n

US stock market\u00a0<\/b>extended losses on Wednesday led by technology shares. The\u00a0S&P 500<\/a>\u00a0lost 0.3% to 2888.60. The\u00a0Dow Jones\u00a0<\/em>industrial average however rose 0.1% to 25974.99.\u00a0Nasdaq\u00a0<\/em>composite index dropped 1.2% to 7995.17. The dollar weakened as US trade deficit for July jumped almost 10%: 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, lost 0.3% to 95.073 but is rising currently. Futures on three main US stock indices point to lower openings today.<\/p>\n

\n
\n

DAX 30 opens lower than other European indices<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>continued the pullback on Wednesday. Both the\u00a0GBP\/USD\u00a0<\/a>and\u00a0EUR\/USD\u00a0<\/em>turned higher and are rising currently. The Stoxx Europe 600 lost 0.3%. Germany\u2019s\u00a0DAX 30\u00a0<\/em>ended 0.7% lower at 12131.62. France\u2019s\u00a0CAC 40\u00a0<\/a>fell 0.7% and UK\u2019s\u00a0FTSE 100\u00a0<\/em>slid 0.4% to 7428.89. Italian bank shares however were lifted by deputy Prime Minister Matteo Salvini comment Rome would \u201ctry to be good\u201d with respect to European Union budget rules. Indices opened 0.1% – 0.4% lower today<\/p>\n

\"DE30<\/p>\n

\n
\n

Asian indices fall ahead of US tariffs measure<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are mostly in negative territory with traders awaiting the US imposition of tariffs on $200 billion worth of imports from China.\u00a0Nikkei\u00a0<\/em>ended 0.4% lower at 22487.94 as yen turned higher against the dollar while as 6.7 magnitude earthquake hit Hokkaido. China\u2019s stocks are lower as China\u2019s commerce ministry stated that China will be forced to retaliate if the United States implements new tariffs: the\u00a0Shanghai Composite Index\u00a0<\/em>is down 0.5% and Hong Kong\u2019s\u00a0Hang Seng Index<\/em>is 1.3% lower. Australia\u2019s All Ordinaries Index fell 1.1% despite Australian dollar\u2019s turn lower against the greenback.<\/p>\n

\n
\n

Brent\u00a0<\/a>gains on US stocks drop forecast<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices\u00a0<\/b>are edging higher today. Prices fell yesterday after a major storm missed the bulk of the Gulf of Mexico oil and natural-gas operations platforms. The American Petroleum Institute reported late Tuesday that US crude inventories fell by 1.17 million barrels to 404.5 million last week. Today at 16:30 CET the Energy Information Administration will release US Crude Oil Inventories. Prices ended lower yesterday: November Brent crude lost 1.2% to $77.27 a barrel on Wednesday.<\/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 slips on trade deficit jump US stock market\u00a0extended losses on Wednesday led by technology shares. The\u00a0S&P 500\u00a0lost 0.3% to 2888.60. The\u00a0Dow Jones\u00a0industrial average however rose 0.1% to 25974.99.\u00a0Nasdaq\u00a0composite index dropped 1.2% to 7995.17. The dollar weakened as US trade deficit for July jumped almost 10%: the\u00a0live dollar index\u00a0data show the ICE US […]<\/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-133278","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133278","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=133278"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133278\/revisions"}],"predecessor-version":[{"id":133280,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133278\/revisions\/133280"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=133278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=133278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=133278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}