Commodity Cues - West Texas Intermediate crude was at $70.57 a barrel after its 5 percent slide.
- Brent crude traded 1.4 percent higher at $74.41 a barrel.
- Gold was up 0.1 percent to $1,242.95 an ounce after slipping 1.1 percent.
By BQ Research @bloombergquint 12 July 2018, 4:53 AM - Asian stocks posted modest gains one day after a bruising selloff, despite lingering concerns around the U.S. and Chinese trade war that show little sign of abating. Shares in South Korea, Japan and Australia edged higher.
- The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, traded nearly 0.2 percent higher at 10,964 as of 7:15 a.m.
Short on time? Well, then listen to this podcast for a quick summary of the article! BQ Live Here’s a quick look at all that could influence equities today. U.S. Market Check - U.S. stocks fell as crude plunged the most in two years and the dollar spiked higher amid renewed tensions over trade and geopolitics.
- The yield on 10-year Treasuries was little changed at 2.85 percent.
Also Read: So Who Gets Hurt in Trump’s Trade War? Europe Market Check - European stocks fell as the latest salvo in the U.S.-China trade conflict and concern about the future of Prime Minister Theresa May’s Brexit plans after two cabinet ministers resigned halted a six-day advance.
Also Read: Trump Sowing Divisions at NATO Seen as Helping Only Russia Asian Cues - Japan’s Topix index rose 0.5 percent.
- Australia’s S&P/ASX 200 Index gained 0.1 percent.
- South Korea’s Kospi advanced 0.2 percent.
- Hang Seng futures fell 0.2 percent
- Futures on the S&P 500 Index advanced 0.2 percent.
Also Read: Trump’s Turned Asia Junk Investors Into Nervous Nellies […] https://www.bloombergquint.com/markets ... ing-into-trade-on-july-12
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