Global stocks rise on trade optimism, set for best quarter since 2012

LONDON - Global stocks rose on Friday on optimism over trade talks between the United States and China and were set to post their best quarterly performance since 2012, while global bond yields moved higher after a prolonged slide on growth worries.

The rises came on the back of strong gains in Asia, where Chinese shares climbed more than 3.1 percent after U.S. officials said China has made proposals in trade talks with the United States on a range of issues that go further than it has before, including on forced technology transfer. S&P 500 E-mini futures were up by 0.16 percent. Gains on Wall Street overnight also bolstered investor optimism. [.N]

German and French government bond yields were poised on for their biggest monthly falls since June 2016, ending a month where heightened anxiety about global growth prospects have sparked a flood into fixed income globally. The 10-year U.S. bond yield edged up to 2.406 percent from a 15-month low of 2.352 percent touched on Thursday after an almost relentless fall since the Federal Reserve’s dovish tone last week sparked worries about the U.S. economic outlook.

In currencies, the euro was higher by 0.1 percent at $1.1226 though it was headed for its worst month since October, weighed down by fears about economic growth and cautious signals from the European Central Bank. [FRX/]

There could be more to come - momentum as equity buyers return....UK and possibly Europe equities could do surprisingly well... Also US election time usually good for equities..

There could be more to come - momentum as equity buyers return....UK and Europe equities could do surprisingly well... Also US election time usually good for equities..

There could be more to come - momentum as equity buyers return....Also US election time usually good for equities..

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Why is the Dow falling? Banks and tech stocks drag down market on Wall StreetU.S. stocks moved broadly lower on Wall Street Friday, dragged down by banks and industrial companies. roon0292 not good for Individual-1 Europe and China are messes.
Source: USATODAY - 🏆 100. / 63 Read more »

The stock market rally got mugged by economic realities and a global slowdownThe bull narrative is running up against reality. If this weak global economic growth stays with us, it means stocks are pricey at this level.
Source: CNBC - 🏆 12. / 72 Read more »

Stock Market Rally Trips on Global Growth FearsGlobal stocks and bond yields are facing fresh pressure as a recent soft patch in data spurs debate over whether the global economy is in the midst of a temporary dip, or headed toward a more serious downturn. For the people who actually read and not just tweet im here to make you thunk i said thunk with no direction tweets know its here!!
Source: WSJ - 🏆 98. / 63 Read more »

Stocks head for best quarter in 7 years despite rising fears of a recessionIt's not just that the S&P 500, up 11.9 percent, is having its best quarter since 2012. Everything is up, including stocks and bonds. Man do we never learn from our mistakes? A recession is coming and people are throwing their money into an inflated market that will just crash. mayb the ones calling for a recession r wrong but i doubt they wld ever admit it
Source: CNBC - 🏆 12. / 72 Read more »

Here's the major risk facing the rally in homebuilding stocksThe SPDR S&P Homebuilder ETF is having its best quarter since 2012, but analysts are growing concerned that weak housing starts could put a lid on the gains. Home builders demanding livable wages?
Source: CNBC - 🏆 12. / 72 Read more »