MSCI
European stocks were expected to open lower, with futures tracking Britain’s FTSE, France’s CAC and Germany’s DAX indexes down between 0.5 percent to 0.7 percent in early trade.
Asian shares edged up on Thursday on a weaker dollar and hopes of more economic stimulus in China, but many stocks seesawed as markets awaited some details on this week’s U.S.-China trade talks amid hopes an all-out trade war can be averted.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.45 percent.
MSCI’s broadest index of Asia-Pacific shares outside Japan dithered either side of flat through a sluggish session. Chinese blue chips manage to add 0.5 percent, as did Japan’s Nikkei.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was last up 0.8 percent to stand at its highest since Oct. 8.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.4 percent on a positive lead from Wall Street.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.7 percent, adding to modest gains the previous day, though this came after a brutal October month.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 1 percent while Shanghai shares .SSEC were down 0.75 percent.
The effects of the global bond selloff that took U.S. 10-year bond yields to seven-year highs this week were exacerbated by economic growth concerns stemming from trade conflicts and $80-per-barrel oil.
MSCI’s gauge of stocks across the globe gained 0.02 percent.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.3 percent after a steady start.
Spreadbetters expected European stocks to open flat to firmer, with Britain’s FTSE starting little changed, Germany’s DAX adding 0.2 percent and France’s CAC up 0.05 percent.
Hong Kong’s Hang Seng was up 1.3 percent and the Shanghai Composite Index rose more than 1 percent following a surge of 1.8 percent the previous day.
Liquidity was thin with Japan on holiday and moves in currencies and bonds were minor.
European shares were expected to be subdued too with futures for Eurostoxx 50 STXEc1, Germany’s DAX FDXc1 and London’s FTSE FFIc1 all starting lower.
Most European shares are expected to fall with futures in Germany's DAX .GDAXI FDXc1 and France's CAC .FCHI FCEc1 falling about 0.2 percent.
Spreadbetters expected European stocks to open mixed, with Britain’s FTSE and Germany’s DAX each slipping about 0.1 percent and France’s CAC inching up 0.05 percent.
Chinese blue chips .CSI300 dipped 0.4 percent as the country's state planner warned of increasing risks to the economy in the second half of the year.
The improved trade outlook was also boosted by news that Washington was pressing the European Union to accelerate tariff talks.
Oil and copper prices edged lower on Thursday as the U.S.-China trade dispute escalated.
