• MTS Futures News_PM_20180507

    7 May 2018 | SET News

• European markets hovered around the flatline Monday, despite a solid session seen out of Asia and crude markets.

The pan-European Stoxx 600 was barely above the flatline, up by 0.05 percent. In the U.K., markets are closed due to a public holiday.

• MSCI’s broadest index of Asia-Pacific shares outside Japan put on 0.2 percent, while Chinese blue chips rose 1.2 percent.

Most Asia markets firmed on Monday after a tame reading on U.S. wages lessened the risk of faster rate hikes by the Federal Reserve, although Sino-U.S. trade tensions and a looming deadline for an Iranian nuclear deal lurked in the background.

• Japan’s Nikkei share average ended flat in choppy trade on Monday as hopes that the central bank would buy exchange-traded funds offset weakness in financials which were hit by falling U.S. yields.

The Nikkei ended little changed at 22,467.16, after trading in negative territory in early deals.

• China stocks rebounded sharply on Monday amid optimism about robust April economic data despite lingering Sino-U.S. trade tensions, as investors bid up tech shares after regulators detailed rules that pave the way for domestic flotation of overseas-listed technology giants.

The blue-chip CSI300 index rose 1.6 percent, to 3,834.19 points, while the Shanghai Composite Index gained 1.5 percent to 3,136.64 points.


Reference:Reuters, CNBC

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