{"id":144614,"date":"2019-03-29T06:30:15","date_gmt":"2019-03-29T10:30:15","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=144614"},"modified":"2019-03-29T06:13:44","modified_gmt":"2019-03-29T10:13:44","slug":"stocks-rebound-as-us-china-talks-resume","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/03\/stocks-rebound-as-us-china-talks-resume\/","title":{"rendered":"Stocks rebound as US-China talks resume"},"content":{"rendered":"
March 29, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar strengthens despite Q4 GDP downgrade<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> rebounded on Thursday as US and China resumed high level negotiations in Beijing. The S&P 500 <\/em> rose 0.4% to 2815.44. The Dow Jones <\/em> industrial average advanced 0.4% to 25717.46. Nasdaq <\/a> composite index added 0.3% to 7669.17. The dollar strengthening continued at same pace despite final Q4 data showed US economic growth slowed in the fourth quarter from above-trend rates. 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, rose 0.2% to 97.19 but is lower currently. Futures on US stock indexes point to higher openings today.<\/p>\n

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FTSE 100 rises as May offers to resign after Brexit approval<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> ended marginally lower on Thursday. Both the EUR\/USD<\/em> and GBP\/USD <\/em> continued falling but are currently higher. The Stoxx Europe 600 index slipped 0.1%. Germany\u2019s DAX 30 <\/a> however edged up 0.1% to 11428.16. France\u2019s CAC 40 <\/em> slid 0.1% while UK\u2019s FTSE 100 <\/em> advanced 0.6% to 7234.33 as Prime Minister Theresa May offered to resign if her Brexit deal was finally passed by Parliament after two rejections.<\/p>\n

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

Asian stock indices<\/b> rallied today as US Trade Representative Lighthizer and Treasury Secretary Mnuchin started the round of trade talks in Beijing. Nikkei <\/em> ended 0.8% higher at 21205.81 with yen little changed against the dollar as industrial production resumed expansion after decline in January. China\u2019s stocks rose: the Shanghai Composite Index <\/em> rallied 3.2% and Hong Kong\u2019s Hang Seng Index <\/em> is 1% higher. Australia\u2019s All Ordinaries Index extended gains 0.1% despite Australian dollar\u2019s climb against the greenback.<\/p>\n

\"HK50<\/p>\n

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

Brent futures prices <\/b> are edging lower today. Prices inched lower yesterday against the background of reduced global supplies as major oil producers comply with crude production curbing agreement: Brent for May settlement, which expires at Friday\u2019s settlement, closed 1 cent lower at $67.82 a barrel on Thursday.<\/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 strengthens despite Q4 GDP downgrade US stock market rebounded on Thursday as US and China resumed high level negotiations in Beijing. The S&P 500 rose 0.4% to 2815.44. The Dow Jones industrial average advanced 0.4% to 25717.46. Nasdaq composite index added 0.3% to 7669.17. The dollar strengthening continued at same pace despite […]<\/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-144614","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144614","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=144614"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144614\/revisions"}],"predecessor-version":[{"id":144628,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144614\/revisions\/144628"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=144614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=144614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=144614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}