Look like yesterday’s recovery and growth was just that – an ordeal for yesterday exclusively as we can see a clear decline in Asian markets. The reason for such behavior is the fact that United Sates finally shed some light on trade deal with China and market didn’t like the possible future situation.
We can see extending of the recovery in oil prices though. American tech stocks are also going up at this point. Everything that is outside of Asia is recovering. Or so it seems to us.
Topix lost 2.4 percent.
S&P 500 futures dropped 0.8 percent.
Hang Seng declined 0.6 percent.
MSCI Asia Pacific slid 1 percent.
Shanghai Composite lost 0.2 percent.
Nikkei Stock Average 225 lost 2.39 percent.
Dow Jones Industrial Average advanced 1.13 percent.
Dollar lost 0.3 percent against the basket of three major currencies.
Euro added 0.2 percent - $1.138.
Pound grew 0.1 percent - $1.2739.
Yen surged 0.5 percent – 113.13 per dollar.
Apple shares recovered 3.49 percent - $184.82.
Facebook surged 0.34 percent - $141.09.
Amazon added 4.86 percent - $1772.36.
Tesla gained 2.29 percent - $358.49.
WTI oil extends yesterday’s gains with 1.06 percent added - $53.51.
Brent is up 0.99 percent - $62.3 per barrel.
Gold grew 7.1 percent - $1237.4 per ounce.
Silver is surging with 0.12 percent addition - $14.47.
Platinum lost 4 percent - $802 per ounce.
Palladium gained 8 percent, extending yesterday’s gains - $1200 per ounce.