• MTS Futures News_PM_20191022

    22 Oct 2019 | SET News
 



· Asian shares made guarded gains on Tuesday amid optimism about prospects for a Sino-U.S. trade deal, while investors were sanguine yet another vote on Brexit would still avert a hard exit for Britain.

A holiday in Tokyo kept turnover light and MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added a modest 0.4%.

· China stocks slipped on Tuesday, as investors chewed over the third quarter corporate earnings, amid a cooling economy hit by the Sino-U.S. trade war.

** The CSI300 index .CSI300 fell 0.2% to 3,873.23 at the end of the morning session, while the Shanghai Composite Index .SSEC lost 0.1% to 2,936.99.

** U.S. President Donald Trump on Monday said efforts to end a U.S. trade war with China were going well as the world's two largest economies continued to battle over trade and politics across the world despite heralding a long-awaited truce this month.

** Meanwhile, China is seeking $2.4 billion in retaliatory sanctions against the United States for failing to comply with a World Trade Organization ruling in a case that highlights White House complaints about the global trade body.




· European markets traded relatively flat on Tuesday morning as U.K. lawmakers gear up to debate Prime Minister Boris Johnson’s EU Withdrawal Agreement Bill, while traders also track a slew of corporate earnings.

The pan-European Stoxx 600 hovered around the flatline in early trade, with tech and auto stocks rising 0.7% to lead gains while household goods shed 0.7%.


Reference: Reuters, CNBC


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