Post-Brexit rally continues... Oil advances on expectation of stimulus...
Post-Brexit rally continues
World stock markets are trading higher so far Friday despite ongoing concerns about the global economy and weak data from Asia.
Asian markets closed slightly higher despite Chinese manufacturing data showing weakness and a measure of Japanese manufacturing sentiment also revealing concerns for the sector.
European markets have started their new quarter with gains. Brexit uncertainty continues but the markets are keen to get back to business and there have been gains most of this week. Paris is slightly weaker than its peers.
Wall Street and Toronto are expected to open higher.
Oil advances on expectation of stimulus
Oil prices have gained overnight as markets digested dovish tones from the BoE governor Mark Carney and Asian data; all raising hopes of stimulus for some economies. Benchmark Brent is hovering just below the $50 mark.
There is expectation of a tighter market ahead for oil and that is also helping keep prices buoyant. The latest Baker Hughes rig count is due at 1pm ET.
World stock markets are trading higher so far Friday despite ongoing concerns about the global economy and weak data from Asia.
Asian markets closed slightly higher despite Chinese manufacturing data showing weakness and a measure of Japanese manufacturing sentiment also revealing concerns for the sector.
European markets have started their new quarter with gains. Brexit uncertainty continues but the markets are keen to get back to business and there have been gains most of this week. Paris is slightly weaker than its peers.
Wall Street and Toronto are expected to open higher.
| Latest | 1 month ago | 1 year ago | |
| North America (previous session) |
|||
| US Dow Jones | 17,929.99 (+1.33 per cent) | +0.79 per cent | +0.97 per cent |
| TSX Composite | 14,064.54 (+0.20 per cent) | +0.01 per cent | -3.36 per cent |
| Europe (at 4.30am ET) |
|||
| UK FTSE | 6,515.00 (+0.16 per cent) | +5.22 per cent | -1.42 per cent |
| German DAX | 9,693.24 (+0.14 per cent) | -5.01 per cent | -13.30 per cent |
| Asia (at close) |
|||
| China CSI 300 | 3,154.20 (+0.01per cent) | -0.20 per cent | -25.84 per cent |
| Japan Nikkei | 15,682.48 (+0.68 per cent) | -7.51 per cent | -22.86 per cent |
| Other Data (at 4.30am ET) |
|||
| Oil (Brent) | Oil (WTI) | Gold | Can. Dollar |
| 49.74 (+0.06 per cent) |
48.38 (+0.10 per cent) |
1337.00 (+1.24 per cent) |
U$0.7733 |
| Aus. Dollar |
|||
| U$0.7469 | |||
Oil advances on expectation of stimulus
Oil prices have gained overnight as markets digested dovish tones from the BoE governor Mark Carney and Asian data; all raising hopes of stimulus for some economies. Benchmark Brent is hovering just below the $50 mark.
There is expectation of a tighter market ahead for oil and that is also helping keep prices buoyant. The latest Baker Hughes rig count is due at 1pm ET.
