Week Gains: Cent and Gdp Numbers

week gains: Friday 0.5 per cent fall in the MSCI global index wiped out the week gains, although breaking it down the big winner was Japan up 3.4 per cent helped by unexpectedly strong GDP numbers the US was up 0.8 per cent, while Australia and Europe down 0.2 per cent and 0.3 per cent respectively were among the laggards, according to Australian Broadcasting Corporation. The three key US indices all finished down 0.2 per cent on Friday, as some of the winners of the Trump Rally such as healthcare stocks were sold off a bit. Reuters Carlo Allegri, file Related Story Donald Trump and Janet Yellen head-to-head Related Story Is the commodities bull market out of puff as speculators run for the exits Map Australia While global markets had a pause to gather their thoughts and take some profits off the table at the end of the week, ASX futures trading points to a marginal rise on the Australian market opening. Markets on Friday close ASX SPI 200 futures 0.1pc at 5,369 73.45 US cents, 69.35 euro cents, 59.48 British pence, 81.30 Japanese yen, NZ1.05US Dow Jones -0.2 at 18,868 S&P500 -0.2pc at 2,182 NASDAQ -0.2pc at 4,808Europe FTSE -0.3pc at 6,776 DAX -0.2pc at 10,665 Eurostoxx50 -0.7pc at 3,021Commodities Brent oil 0.8pc at US46.86/barrel, Gold flat at US1,208/ounce, Iron ore -0.2pc at US73.30/tonne US dollar continues to rise as bonds sink The big trades of the Trump Rally remain in place, despite the cautious end to the week. The rising US dollar also acted as counterbalance to US stocks, although it is not necessarily always the case according the AMP Capital strategist Shane Oliver. The greenback is getting stronger and bond prices continue to fall as the betting higher interest rates shorten. (news.financializer.com). As reported in the news.

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