Market Headlines 13/9/2017

US

  • US. stocks extended their climb yesterday, rising 0.3%, in a broad-based advance as volatility ebbed.
  • In currency news, there was a pause in the dollar’s two-day climb as traders await economic data for clues on the pace of U.S. interest-rate increases.
  • Tomorrow’s US inflation data release will be crucially important for the market surrounding Fed policy expectations.

 

Europe

  • European stocks rose 0.5%, to close at the highest level since July, signalling growing risk appetite.
  • Out of 19 industry groups in the index, 13 groups gained with banking sector stocks leading the charge up 1.7% as investors continue to sell down bond positions driving up interest rates.

 

Asia

  • Asian equities tracked the gain in U.S. stocks. Shares in Japan continued to gain, rising 0.5%, as the yen weakened against the dollar. Chinese equities held steady advancing just 0.1%.
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