{"id":138110,"date":"2018-11-30T06:45:19","date_gmt":"2018-11-30T11:45:19","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=138110"},"modified":"2018-11-30T06:45:19","modified_gmt":"2018-11-30T11:45:19","slug":"us-stocks-slip-ahead-of-g-20-summit","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/11\/us-stocks-slip-ahead-of-g-20-summit\/","title":{"rendered":"US stocks slip ahead of G-20 summit"},"content":{"rendered":"
November 30, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakening slows after FED minutes confirm December rate hike plans<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> pulled back on Thursday as traders wondered what would be the outcome of G-20 meeting starting today. The S&P 500 <\/em> lost 0.2% to 2737.83. The Dow Jones <\/em> industrial average slipped 0.1% to 25338.84. Nasdaq <\/a> composite index fell 0.3% to 7273.08. The dollar weakening slowed as the Fed minutes showed policy makers were planning to raise interest rates \u201cfairly soon\u201d while saying monetary policy in 2019 needed to be flexible: the live dollar index<\/a> data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, slid 0.1% to 96.77 but is lower currently. Futures on three main US stock indexes point to mixed openings today.<\/p>\n

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

European stocks <\/b> closed mostly higher on Thursday as all FTSE 100 banks passed the Bank of England\u2019s Brexit scenario stress test. EUR\/USD <\/em> continued climbing while GBP\/USD <\/em> turned lower as the Bank of England warned about the harm for the UK economy of a no-deal Brexit. Both pairs are rising currently. The Stoxx Europe 600 index rose 0.2%. Germany\u2019s DAX 30 <\/a> slipped 0.65 points to 11298.23. France\u2019s CAC 40 <\/em> added 0.5% and UK\u2019s FTSE 100 <\/em> gained 0.5% to 7038.95.<\/p>\n

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Shanghai Composite leads Asian indices gains<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly higher today on trade tensions easing hopes ahead of a weekend meeting between the leaders of US and China. Nikkei <\/em> rose 0.4% to 22351.06 with yen little changed against the dollar. Chinese indices are higher despite data showing services PMI hit 15-month low and factory activity stalled in November due to US-China trade relations uncertainty. The Shanghai Composite Index <\/em> is up 0.8% and Hong Kong\u2019s Hang Seng Index <\/em> is 0.3% higher. Australia\u2019s All Ordinaries Index however turned 1.6% lower with Australian dollar little changed against the greenback.<\/p>\n

\"HK50<\/p>\n

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Brent <\/a> up<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are inching higher today on expectations of OPEC output cut decision at next week meeting of major oil producers. Prices ended higher yesterday: Brent for January settlement closed 1.3% higher at $59.51 a barrel on Thursday.<\/p>\n

\nMarket 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 Dollar weakening slows after FED minutes confirm December rate hike plans US stock market pulled back on Thursday as traders wondered what would be the outcome of G-20 meeting starting today. The S&P 500 lost 0.2% to 2737.83. The Dow Jones industrial average slipped 0.1% to 25338.84. Nasdaq composite index fell 0.3% to […]<\/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-138110","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138110","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=138110"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138110\/revisions"}],"predecessor-version":[{"id":138112,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138110\/revisions\/138112"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=138110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=138110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=138110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}