{"id":152065,"date":"2019-07-24T06:56:09","date_gmt":"2019-07-24T10:56:09","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=152065"},"modified":"2019-07-24T06:56:09","modified_gmt":"2019-07-24T10:56:09","slug":"equities-gain-on-trade-talks-resumption-hopes","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/07\/equities-gain-on-trade-talks-resumption-hopes\/","title":{"rendered":"Equities gain on trade talks resumption hopes"},"content":{"rendered":"
July 24, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar advances despite weak home sales data<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> advance accelerated on Tuesday in anticipation of China trade talks resumption next week and positive corporate reports. The S&P 500 <\/em> rose 0.7% to 3005.0. Dow Jones <\/em> industrial advanced 0.7% to 27349 led by 6.1% gain in Cocoa Cola. The Nasdaq <\/a> gained 0.6% to 8251. The dollar strengthening accelerated despite steeper than expected 1.7% decline on month in existing home sales in June instead of forecast 0.4%: 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, gained 0.4% to 97. 7 and is hgher currently. Stock index futures point to lower market openings today<\/p>\n

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

European stocks <\/b> resumed advancing on Tuesday supported by strong earnings reports. The GBP\/USD <\/em> and EUR\/USD <\/em> slump accelerated with euro lower while pound rising currently. The Stoxx Europe 600 ended 1% higher led by auto and chip maker shares. The German DAX 30 <\/a> rallied 1.6% to 1249.74. France\u2019s CAC 40<\/em> rose 0.9%. UK\u2019s FTSE 100 <\/em> advanced 0.6% to 7556.86.<\/p>\n

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Australia\u2019s All Ordinaries Index paces Asian indexes gains<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> extending gains today ahead of US delegation visit to Shanghai next week. Nikkei <\/em> advanced 0.4% to 21709.57 despite yen inching higher against the dollar. Chinese stocks are rising: the Shanghai Composite Index <\/em> is up 0.6% and Hong Kong\u2019s Hang Seng index <\/em> is 0.6% higher. Australia\u2019s All Ordinaries Index gained 0.8% with Australian dollar\u2019s slide against the greenback intact.<\/p>\n

\"AU200<\/p>\n

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Brent <\/a> down ahead of US inventories report<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are edging lower today. The American Petroleum Institute late Tuesday report indicated US crude inventories fell by 11 million barrels last week. Prices rose yesterday: September Brent gained 0.9% to $63.83 a barrel on Tuesday. Today at 16:30 CET the Energy Information Administration will release US Crude Oil Inventories.<\/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 advances despite weak home sales data US stock market advance accelerated on Tuesday in anticipation of China trade talks resumption next week and positive corporate reports. The S&P 500 rose 0.7% to 3005.0. Dow Jones industrial advanced 0.7% to 27349 led by 6.1% gain in Cocoa Cola. The Nasdaq gained 0.6% 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-152065","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/152065","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=152065"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/152065\/revisions"}],"predecessor-version":[{"id":152067,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/152065\/revisions\/152067"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=152065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=152065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=152065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}