FYI:
Regards,Global stocks were mostly flat Friday after European Union leaders agreed to a short Brexit delay, while investors weighed further signs of a sluggish global economy.
The Stoxx Europe 600 was broadly flat in morning trade, and Asian stocks finished slightly higher. On Wall Street, futures pointed to 0.2% opening falls for the S&P 500 and the Dow Jones Industrial Average.
Late Thursday, European Union leaders allowed U.K. Prime Minister Theresa May to postpone the Brexit deadline beyond next week, but warned Britain could still crash out of the bloc in mid-April. EU leaders decided that if the British Parliament approves a Brexit deal next week, the bloc would extend the Brexit deadline until May 22. If Mrs. May’s Brexit deal isn’t approved, the U.K. would have until April 12 to indicate what it wants to do next. The British pound was flat against the dollar, trading at $1.311.
The WSJ Dollar Index, which tracks the dollar against a basket of 16 currencies, was down 0.1%. The 10-year U.S. Treasury yield fell slightly to 2.526% from 2.537% Thursday. Yields move inversely to prices.
In Asia, Japan’s Nikkei and Hong Kong’s Hang Seng were up 0.1%.
Brent crude, the global oil benchmark, was down 0.1%, while gold prices rose 0.4%.
Regards,
Ted
WSJ:
https://www.wsj.com/articles/markets-show-calm-after-brexit-delay-11553244944Bloomberg:
https://www.bloomberg.com/news/articles/2019-03-21/asia-stocks-to-edge-up-as-u-s-gains-dollar-rises-markets-wrap?srnd=premiumMarketWatch:
https://www.marketwatch.com/story/us-stock-futures-tumble-after-data-showing-slump-in-german-manufacturing-2019-03-22/printIBD:
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-nike-earnings-nike-stock-cintas-zuora/CNBC:
https://www.cnbc.com/2019/03/22/stock-market-wall-street-in-focus-as-growth-concerns-persist.htmlU.K.:
https://uk.reuters.com/article/uk-britain-stocks/ftse-100-off-multi-month-highs-as-sterling-gains-on-brexit-relief-idUKKCN1R30XVEurope:
https://www.reuters.com/article/us-europe-stocks/brexit-reprieve-boosts-european-shares-idUSKCN1R30X8Asia:
https://www.marketwatch.com/story/asian-markets-mixed-as-investors-process-feds-outlook-2019-03-21/printBonds:
https://www.cnbc.com/2019/03/21/us-bonds-jobless-numbers-in-focus.htmlCurrencies:
https://www.cnbc.com/2019/03/22/forex-market-brexit-extension-sterling-in-focus.htmlOil:
https://www.cnbc.com/2019/03/22/oil-market-opec-supply-cuts-us-sanctions-in-focus.htmlGold:
https://www.cnbc.com/2019/03/22/gold-market-us-economy-brexit-extension-in-focus.htmlCurrent Futures:
https://finviz.com/futures.ashx
