FLASH: Gold Dips, USD Little Changed, Crude Oil Off, Stocks Flat
- Asian shares mostly flat to unchanged
- Major currencies were little changed in early trade
- Crude Oil shares fall on potential limit on China investments
- Gold prices dip as fears of widening trade war ease
Gold: Gold prices dip as fears of widening trade war ease
Energy: Crude Oil prices and a gauge of global equity markets fell Friday on media reports that the administration of President Trump may limit US portfolio investments into China, a move that would mark an escalation of US-China trade tensions.
Equities: Asian stock markets, including China’s, were little changed Monday, shrugging off news that The Trump Administration is considering delisting Chinese companies from US stock exchanges.
MSCI’s broadest index of Asia-Pacific shares sans Japan was up 0.05% ,while China’s Shanghai stock index .SSEC slipped 0.2%, barely responding to any of the concerns around the latest US – China tensions that caused the NAS Comp index .IXIC to fall more than 1% Friday.
Worries such an escalation would hurt Japan the most however weighed on the Nikkei .N225, which shed 0.45%. US stock futures ESc1 gained 0.44%, paring most of Friday’s 0.53% fall in the index.
Commodities and Currency Pairs (quotes)
Now you can go to Market Data on the right side of our home page for quotes on the world’s financial markets, commodities and currencies.
Have a terrific week.
Latest posts by Paul Ebeling (see all)
- The 5 Safest Cities in the World - October 13, 2019
- Box Office: ‘Joker’ Laughs with another $55-M in North America - October 13, 2019
- US Q-3 Earnings, Here They Come - October 13, 2019