European Stocks Climb With Euro; Treasuries Steady

Thursday, 18 January 2018 16:15 WIB

Indeks Stoxx Europe 600Saham Eropa


The euro advanced for the first day in three and European stocks edged higher as the global growth story gained momentum. Treasuries steadied after Wednesday’s drop, while gold advanced.

Retailers and technology companies led the increase that stretched across most sectors in Europe, while the single currency climbed against most of its major peers after a recent pullback. The dollar held on to the previous day’s gains and 10-Year Treasury yields were steady at near 2.6 percent amid speculation Congress will avert a government shutdown. West Texas oil was flat as OPEC shows determination to curb production.

Gains in the European equity market came after Chinese shares in Hong Kong added to their 2018 surge thanks to better-than-expected growth data. That’s only added to the narrative of synchronized global expansion, which -- alongside upbeat profit expectations -- could mean the bull run in stocks going until 2019 or beyond, according to a Bank of America survey of fund managers.

Elsewhere, Bitcoin steadied above $10,000 after a day of wild swings. Emerging-market stocks gained a fifth day.

The Stoxx Europe 600 Index gained 0.1 percent at 398.41 as of 8:27 a.m. London time.

The euro advanced 0.2 percent to $1.2208.

Source : Bloomberg


  • Hong Kong started on the back foot Tuesday as investors fretted over geopolitical tensions following the weekend strike on Saudi oil fields that fuelled concerns of a conflict in the Gulf. The Hang S...
  • Tokyo stocks opened lower on Tuesday on geopolitical concerns after crude prices surged following a weekend attack on Saudi oil facilities. The benchmark Nikkei 225 index was down 0.47 percent or 103...
  • Hong Kong shares fell on Monday following last week's healthy gains, while investors were also spooked by fresh violent protests in the city and data further highlighting weakness in the Chinese econo...



Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.