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The Breakfast Briefing: Global Stocks Shrug Off Weak Chinese Data To Rise

edited March 14 in Fund Discussions
FYI: Global stocks were mostly up Thursday as investors awaited the next moves in the Brexit process, though sluggish Chinese economic data weighed on sentiment.

The Stoxx Europe 600 edged up 0.4% in early morning trade. In Asia, Chinese stocks registered steep falls.

On Wall Street, futures pointed to flat openings for the S&P 500 and the Dow Jones Industrial Average.

In currencies, the WSJ Dollar Index, which tracks the dollar against a basket of 16 currencies, was up 0.1%. The 10-year U.S. Treasury yield rose slightly to 2.637% from 2.612% on Wednesday. Yields move inversely to prices.

In Asia, the weak Chinese numbers sent the Shanghai Composite down 1.2%. Stocks in Hong Kong and Japan were mostly flat.

In commodities, Brent crude, the global oil benchmark, was up 0.6% while gold prices fell 0.5%.










Current Futures:


  • CNBC Bond Market Update:
  • image ■ ■ ■ ■ ■ ■ ■ ■ THIS POST IS IN VIOLATION OF MFO POSTING STANDARDS ■ ■ ■ ■ ■ ■ ■ ■ image

    ⇒ This post had few views and no comments. It has been artificially "bumped" into the COMMENTS + CATEGORY by the poster himself, without legitimate qualifying comments.

    He has deliberately done this with the spurious "CNBC Bond Market Update" comment so as to force it to your attention. He is well aware that this is in violation of MFO standard practice, but he believes himself to be exempt from such things, because he is the almighty TED.
  • @MFO Members: This morning at 4:16 AM as I do every day put together the Breakfast Briefing. The yields in Bonds from CNBC were from yesterday, 3/13/19, I simply updated the current yields at 8:10 AM.
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