• MTS Futures News_AM_20171030

    30 Oct 2017 | SET News


·         The Nasdaq Composite had its best day in nearly a year on Friday, boosted by strong corporate earnings, while the euro posted its worst week of 2017 after the European Central Bank decided to prolong its bond buying to keep interest rates low.

 

The Nasdaq Composite .IXIC added 144.49 points, or 2.2 percent, to 6,701.26, the S&P 500 .SPX gained 20.67 points, or 0.81 percent, to 2,581.07, and the Dow Jones Industrial Average .DJI rose 33.33 points, or 0.14 percent, to 23,434.19.

 

Gains were led by robust corporate results and upbeat third-quarter U.S. GDP data. The U.S. economy grew at a 3.0 percent annual rate from July to September, showing resilience even as recent storms hurt consumer spending.

 

 


·         Asian shares climbed on Monday and crude oil rose to a 2-year top, while the euro loitered around a 3-month low as the European Central Bank’s decision to extend its stimulus further fattened the dollar’s yield advantage.

 

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.2 percent. The index is up 3.4 percent so far this month.

 

Japan's Nikkei .N225 nudged 0.2 percent higher, while Seoul shares .KS11 climbed 0.7 percent.

 

Reference: Reuters, CNBC

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