2018Mar

FC: US CLOSING REPORT: FRIDAY – 16TH – MARCH – 2018 March 16, 2018 at 08:01PM

fcfx

US cash equity markets have finished the week with an intraday gain but are still lower versus last Friday’s close (DJIA +0.3%, S&P +0.2%, NASDAQ 0.0%). Financials and energy stocks have led markets higher, the latter boosted by rising oil prices with US crude futures settling at $62.34 (+$1.15). US government bond yields have also gained while the Dollar has risen versus almost all of its G10 rivals bar the Japanese Yen. Earlier today, we saw stronger-than-expected readings for industrial production, Michigan Sentiment and JOLTS although housing data was less encouraging. At the White House, a spokesman said Chief of Staff Kelly has spokes to a number of staff reassuring them that there were no immediate personnel changes at this time. They also said Trump still intends to meet with North Korean leader Kim Jong Un by the end of May. In the UK, a group of MP’s are said to be preparing to warn the government to delay leaving the EU given how unprepared they are.

 

Key Headlines/Data:

*  Britain is so unprepared for Brexit the Government should delay leaving the EU, a group of MPs is set to warn (Daily Mail):

  • Britain is so unprepared for Brexit the Government should delay leaving the EU, a group of MPs is set to warn.

*  Britain, France and Germany have proposed fresh sanctions on Iran in an attempt to persuade Trump to preserve the 2015 nuclear deal.

*  White House says Chief of Staff Kelly has spokes to a number of staff reassuring them that there were no immediate personnel changes at this time.

*  White House said President Trump still intends to meet with North Korean leader Kim Jong Un by the end of May.

*  Baker Hughes: US oil rigs rise by 4 to 800

*  US crude oil futures settled at $62.34 (+$1.15)

Read More… Like: US CLOSING REPORT: FRIDAY – 16TH – MARCH – 2018 March 16, 2018 at 08:01PM

Read more news on oursite:
UK news UK companies news Sterling pound news EU news EU companies news Euro news US news US companies news US Dollar news Japanese Yen news Chinese Yuan news Trading EU Shares Commodities news Crytocurrency news Major Currency Pairs Update fonecable中文版(简) fonecable中文版(繁) fonecable日文版 and more…

fcfx-hxcm-18 FCFX-efx-card18-multicurrency plus500-fcfx