Asian stocks post modest gains on Wall Street futures, oil

  • 📰 Reuters
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Asian shares eked out cautious gains on Wednesday, as higher Wall Street futures...

was up 0.4%. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.06%, dragged lower by Chinese markets.

A trade dispute between the United States and China is now in its second year and is placing increasing strain on the global economy, forcing policy makers to respond with interest rate cuts and stimulus measures to bolster growth. U.S. stock futures ESc1 were 0.27% higher, which helped ease investors' nerves in Asian trading after the S&P 500U.S. crude CLc1 rose 1.02% to $55.49 a barrel, supported by a drawdown in U.S. crude inventories.South Korea stocksrose 0.5%, on course for their biggest daily increase in a week as investors hunted for bargains after shares were sold due to worries about weighting changes in the MSCI index.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street analysts say these stocks present a buying opportunity if the US enters a recessionCNBC combed through Wall Street research to find stocks that analysts like if the U.S. were to enter a recession.
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street sees elevated recession risk, market woes after US and China stoke trade fearsSome of Wall Street's top economists and strategists see last week's trade war escalation as an ominous sign for the economy and markets. Media creating recession to push forward liberal agenda. Wall Street hasn’t been right since Trump Won. F-Em! Si se fijan bien en la foto, de la manera que agarra a Mr.Trump del brazo y su gesto de la cara del presidente de china es como que está sacando a Mr.Trump como que no se llevaron muy bien. Como que China no quiere nada mas de Mr Trump. Eso se mira en la foto.
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street mistakes water for a business washoutBig banks and investors are thin on the ground at water confabs, including this week’s bumper affair in Stockholm. Yet clean, fresh supplies are increasingly scarce. The economic and financial implications interact with climate risks, too. The finance whizzes are missing out. Reuters AntonyMCurrie Why are they using a photo of Lake Powell in Utah?
Source: Breakingviews - 🏆 470. / 51 Read more »

Asian stocks find modest support on firmer U.S. futuresAsian shares eked out meager gains on Wednesday, as higher Wall Street futures p...
Source: Reuters - 🏆 2. / 97 Read more »