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The Breakfast Briefing: World Stocks Bat Aside Trade War Fears, Rally For Second Day

FYI: Global equities rallied for a second straight day on Wednesday while safe-haven assets such as U.S. bonds and the Japanese yen slipped to multi-week lows as investors bet the escalating U.S.-China trade spat would inflict less damage than feared.

European stocks and U.S. futures held steady Wednesday, while Asian markets marched higher, as investors continued to shrug off trade concerns.

The Stoxx Europe 600 was up 0.1% recently, boosted by gains in mining stocks. Futures markets pointed to a flat opening for the Dow Jones Industrial Average. Most indexes in the Asia-Pacific region posted strong gains.
Regards,
Ted
Bloomberg:
https://www.bloomberg.com/news/articles/2018-09-18/asia-stocks-rally-seen-extending-dollar-steady-markets-wrap?srnd=premium

WSJ:
https://www.wsj.com/articles/global-stocks-extend-rebound-as-trade-fears-ease-1537342379

Reuters:
https://www.reuters.com/article/us-global-markets/world-stocks-bat-aside-trade-war-fears-rally-for-second-day-idUSKCN1LZ02O?il=0

IBD:
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-doj-tesla-criminal-probe-elon-musk/

CNBC:
https://www.cnbc.com/2018/09/19/wall-street-us-china-trade-concerns-rumble-on.html

Europe:
https://www.reuters.com/article/us-europe-stocks/european-shares-hit-two-week-high-on-trade-talk-hopes-miners-autos-up-idUSKCN1LZ0U2

Asia:
https://www.marketwatch.com/story/nikkeis-surge-leads-asian-market-gains-2018-09-18/print

Bonds:
https://www.cnbc.com/2018/09/19/us-bonds-and-fixed-income-economic-data.html

Currencies:
https://www.reuters.com/article/uk-global-forex/dollar-at-two-month-highs-against-yen-on-trade-war-relief-idUSKCN1LZ023

Oil:
https://www.cnbc.com/2018/09/19/oil-markets-us-crude-inventory-and-trade-war-in-focus.html

Gold:
https://www.cnbc.com/2018/09/19/gold-market-dollar-moves-trade-war-in-focus.html

Current Futures: Mixed
https://finviz.com/futures.ashx


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