{"id":139478,"date":"2018-12-28T06:56:15","date_gmt":"2018-12-28T11:56:15","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=139478"},"modified":"2018-12-28T06:56:15","modified_gmt":"2018-12-28T11:56:15","slug":"equities-advance-in-volatile-trading","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/12\/equities-advance-in-volatile-trading\/","title":{"rendered":"Equities advance in volatile trading"},"content":{"rendered":"
December 28, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakens on softer consumer confidence<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> added to post-Christmas gains on Thursday in a volatile session. The S&P 500 <\/em> gained 0.9% to 2488.83. The Dow Jones <\/em> industrial average rose 1.1% to 23138.82. Nasdaq <\/a> composite index added 0.4% to 6579.49. The dollar weakening resumed as Conference Board reported its consumer confidence index declined to 128.1 in December from a revised 136.4 in November: 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, fell 0.5% to 96.56 and is lower currently. Stock index futures point to higher openings today.<\/p>\n

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DAX 30 leads European indexes losses<\/h2>\n<\/div>\n<\/div>\n

European stock markets <\/b> fell sharply on Thursday after reopening following Christmas holidays. Both the GBP\/USD <\/em> and EUR\/USD <\/em> turned higher and are rising currently. The Stoxx Europe 600 index fell 1.7%. Germany\u2019s DAX 30 <\/a> fared the worst sinking 2.4% to 10381.51, dragged by 2.6% drop in Siemens. France\u2019s CAC 40 <\/em> slid 0.6% and UK\u2019s FTSE 100 <\/em> ended 1.5% lower at 6584.68. Futures indicate higher openings today.<\/p>\n

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Nikkei pulls back as industrial production falls<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly higher. Nikkei <\/em> pulled back 0.3% to 20014.77 as data showed unemployment rose in November to 2.5%, from 2.4% in October, and industrial production fell 1.1% from the previous month in November with yen continuing its climb against the dollar. Chinese indices are mixed: the Shanghai Composite Index <\/em> is down 0.4% while Hong Kong\u2019s Hang Seng Index <\/em> is 0.1% lower. Australia\u2019s All Ordinaries Index extended gains 1% with Australian dollar turning higher against the greenback.<\/p>\n

\"Nikkei<\/p>\n

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

Brent futures prices <\/b> are edging higher. The American Petroleum Institute industry group reported yesterday US crude inventories rose by 6.9 million barrels last week. Brent for February settlement closed 4.2% lower at $52.16 a barrel on Thursday. Today at 16:30 CET the Energy Information Administration will release US Crude Oil Inventories.<\/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 Dollar weakens on softer consumer confidence US stock market added to post-Christmas gains on Thursday in a volatile session. The S&P 500 gained 0.9% to 2488.83. The Dow Jones industrial average rose 1.1% to 23138.82. Nasdaq composite index added 0.4% to 6579.49. The dollar weakening resumed as Conference Board reported its consumer confidence […]<\/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-139478","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139478","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=139478"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139478\/revisions"}],"predecessor-version":[{"id":139482,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139478\/revisions\/139482"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=139478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=139478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=139478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}