RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2021-02-03 12:55:00

GLOBAL INDEXES UP

GLOBAL INDEXES UP

REUTERS - FEBRUARY 3, 2021 -  Asian shares and U.S. stock futures rose on Wednesday as governments around the world looked poised to boost spending to help economies recover from the coronavirus and vaccine roll-out programmes accelerated. 

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.58%. Australian stocks gained 0.92%. Shares in China fell 0.03%. 

Japan’s Nikkei added 0.9%. Shares in Seoul rose by 0.79%. 

E-mini futures for the S&P 500 rose 0.43%. 

Euro Stoxx 50 futures rose 0.53%, German DAX futures gained 0.41%, and FTSE futures rose 0.38%, pointing to a bright start to European trading. 

Wall Street rallied on Tuesday on renewed hopes for U.S. President Joe Biden’s proposed $1.9 trillion COVID-19 aid bill as the Senate took steps to allow Democrats to pass Biden’s package without Republican support. 

The U.S. Treasury yield curve continued to steepen in Asian trading, reflecting expectations for more fiscal spending and growing economic optimism.

The roll-out of vaccines in many countries is gathering pace, earnings season in the United States and Japan has so far been favourable, and oil prices are at their highest in a year, which are all positive signs for the global economy.

“All the ingredients for a rapid recovery from Q2 onwards are getting sweetly baked into the reopening party cake,” said Stephen Innes, chief global markets strategist at Axi.

The Dow Jones Industrial Average rose 1.57% on Tuesday, the S&P 500 gained 1.39%, and the Nasdaq Composite added 1.56%.

MSCI’s gauge of stocks across the globe gained 0.21%.

Russian authorities said they would be able to vaccinate about 700 million people this year with the Sputnik V coronavirus vaccine. Nations including India and Mexico are in talks to ink emergency deals to start administering the vaccine.

In the United States, the Biden administration said it would increase the weekly supply of shots nationwide and start shipping coronavirus vaccines directly to retail pharmacies in addition to ongoing deliveries to states.

Sentiment was also bolstered by higher-than-expected earnings from tech giants Alphabet Inc and Amazon.com Inc, which overshadowed the retail trading frenzy that roiled markets last week.

The difference between the yield in two-year and 10-year Treasuries, the most-closely watched part of the yield curve, widened to 99.2 basis points on Wednesday.

The dollar traded near a two-month high against the euro as investors bet that the U.S. economy will recover from the coronavirus shock faster than the euro zone.

The party for the Reddit-inspired trading frenzy that pushed GameStop’s stock up five-fold in five days last week appeared over as its shares plunged 60% in heavy trade to close at $90.00, less than one-fifth of an all-time peak on Friday.

“Wallstreetbets is hitting the point of diminishing value,” Innes said. “Retail traders will still be a force to be reckoned with, but we are perhaps past the peak YOLO world with the cat out of the bag.”

Spot silver rose 0.75% to $26.83 an ounce. That was a minor rebound from an 8% tumble on Tuesday, and analysts say the retail trader-driven rally to a near eight-year peak in the previous session has faded.

Spot gold rose 0.14% to $1,840.91 per ounce. U.S. gold futures added 0.47% to $1,847.90.

Oil prices continued their upswing, supported by an unexpected draw in U.S. crude stockpiles and a producer estimate of a global oil market deficit this year.

U.S. crude futures climbed 0.38% to $54.97 a barrel, just shy of a one-year high of $55.26 hit on Tuesday.

Brent crude futures rose 0.45% to $57.72 a barrel, close to their highest in more than 11 months. 

-----


Earlier:

GLOBAL INDEXES UP
2021, January, 27, 14:10:00
GLOBAL ECONOMY WILL UP 5.5%
The global economy is projected to grow 5.5 percent in 2021 and 4.2 percent in 2022.
GLOBAL INDEXES UP
2021, January, 27, 14:05:00
GLOBAL GAS DEMAND WILL UP BY 2.8%
Global natural gas demand is projected to increase by 2.8% in 2021 (about 110 bcm), thus reaching slightly above its 2019 level.
GLOBAL INDEXES UP
2021, January, 19, 13:55:00
GLOBAL INDEXES UP ANEW
S&P 500 futures rising 0.6% and Nasdaq futures up 0.9% after the long holiday weekend.
GLOBAL INDEXES UP
2021, January, 15, 12:00:00
GLOBAL OIL DEMAND WILL UP BY 5.9 MBD
For 2021, global oil demand is forecast to increase by 5.9 mb/d y-o-y to average 95.9 mb/d.
GLOBAL INDEXES UP
2021, January, 13, 13:20:00
GLOBAL SOLAR FUNDING UP 24%
The solar ETF was up 225%, with 15 solar stocks up over 100% in 2020.
GLOBAL INDEXES UP
2021, January, 8, 15:45:00
GLOBAL ECONOMY WILL UP 4%
Global economic output is expected to expand 4 percent in 2021 but still remain more than 5 percent below its pre-pandemic trend.
GLOBAL INDEXES UP
2021, January, 8, 15:40:00
GLOBAL INDEXES UP
Europe’s Euro STOXX 600 opened up 0.7%, with Frankfurt’s index up 0.8% after German industrial output and exports rose in November.
All Publications »
Tags: SHARES, STOCKS, BONDS, INDEXES
Chronicle:
GLOBAL INDEXES UP
2022, July, 6, 10:59:00
6TH ANNUAL LNG SUMMIT USA
The 6th Edition of Wisdom’s Much Acclaimed Annual LNG Summit Will Be Held Live in Houston - PREPARING THE INDUSTRY FOR THE RISE IN DEMAND FOR LNG
GLOBAL INDEXES UP
2022, July, 6, 10:58:00
9TH INTERNATIONAL LNG CONGRESS LNGCON 2023
9th International LNG Congress (LNGCON 2023) 6-7 March, 2023 Link to the Congress website: https://bit.ly/3tXVmr7
GLOBAL INDEXES UP
2022, July, 6, 10:55:00
S.KOREAN NUCLEAR POLICY
"it is imperative that new energy policy goals and directions are set so as to better accomplish carbon neutral government projects and the expansion of nuclear power."
GLOBAL INDEXES UP
2022, July, 6, 10:50:00
RUSSIAN NUCLEAR FOR ARMENIA
The joint working group was chaired by Armenia’s Deputy Minister of Territorial Administration and Infrastructures, Hakob Vardanyan. The Russian delegation was headed by Viktor Kolesnikov, project manager and Advisor to the President of Rusatom Energy Projects.
GLOBAL INDEXES UP
2022, July, 6, 10:45:00
IRANIAN NPP 360 MW
At the moment, the only functioning nuclear power plant in Iran is the first stage of the Bushehr NPP, built with Russian assistance.
GLOBAL INDEXES UP
2022, July, 5, 12:35:00
OIL PRICE: BRENT NEAR $113, WTI ABOVE $109
Brent fell by 60 cents, or 0.5%, to $112.89 a barrel, WTI climbed $1.13, or 1.1%, to $109.58 a barrel.
GLOBAL INDEXES UP
2022, July, 5, 12:30:00
RUSSIA, INDIA: RELIABLE PARTNERS
Many of our companies, including energy companies, are operating in Indonesia. There is interest in developing the national nuclear power industry.
All Publications »