Investors believe that there will be deal between the US and China and this moved the markets higher
- The S&P 500 was up again today 0.4 percent as of 15:30 a.m. in London
- The Stoxx Europe 600 Index continued its run and jumped 0.9 percent to the highest in almost four weeks.
- The MSCI All-Country World Index moved higher on the back of weak dollar and advanced 0.9 percent.
- The U.K.’s FTSE 100 Index isn’t afraid of Brexit and jumped 1.2 percent to the highest in five weeks.
- The MSCI Emerging Market Index advanced 1.9 percent to the highest in five weeks.
- The Fed dovish stance is back and the Dollar Spot Index dropped 0.5 percent.
- The euro moves explosively and soared 0.1 percent to $1.145.
- The British pound gained 0.1 percent to $1.2732 ahead of the 15Jan Brexit vote.
- The Japanese yen fell 0.1 percent to 108.84 per dollar.
- No change for 10-year Treasuries, only a little change at 2.7297 percent.
- Britain’s 10-year yield moved higher one basis point to 1.2765 percent.
- Japan’s 10-year yield jumped two basis points to 0.032 percent.
- The momentum is strong for the West Texas Intermediate crude and it advanced 3.3 percent to $51.43 a barrel, touched the highest in almost four weeks on its eighth consecutive advance.
- Gold price is slightly weak but still moving ahead with a gain of 0.1% to $1,286.07 an ounce.
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