FYI: Global stocks were mixed Wednesday, as concerns about global growth and trade, as well as the U.K.’s effort to depart the European Union, continued to weigh on investors’ moods.
The pan-continental Stoxx Europe 600 gained 0.2% shortly after the open, while Hong Kong’s Hang Seng slid 0.3% and Japan’s Nikkei 225 shed 0.5%, following Tuesday’s negative close on Wall Street.
U.S. futures pointed to a positive open, with the Dow Jones Industrial Average and the S&P 500 each set to gain 0.2% after the opening bell.
Markets will be looking for clues on growth and monetary policy later Wednesday, with a European Central Bank meeting set to take place a day early, and minutes from the Federal Reserve’s recent meeting and U.S. inflation data due later in the day.
In individual equities, France’s Valeo SA, one of the world’s biggest automotive suppliers, was one of the biggest losers, falling 2% shortly after the open.
Meanwhile, the International Monetary Fund on Tuesday downgraded its growth outlook for the world economy in 2019 to 3.3%, from 3.5% in January.
rexit, too, remained an unresolved issue, with the EU set to convene at a summit Wednesday to discuss any potential extensions to the U.K.’s departure from the bloc. If there is no agreement, the U.K. could crash out of the EU without a deal on Friday, landing a blow to its trade and economy. It is likely, however, that another extension will be granted to avoid a disorderly departure.
The British pound gained 0.1% against the U.S. dollar to $1.3071, while the WSJ dollar index, which measures the greenback against a basket of 16 of its peers, slid 0.1%.
Yields for U.S. Treasurys edged down to 2.493%, from 2.497% Wednesday afternoon. Yields move inversely to prices.
Brent crude, the global oil benchmark, gained 0.2% to $70.75 a barrel, after a rekindled conflict in Libya stoked fears about global supply.
Gold was flat at $1,308.20 an ounce.
Regards,
Ted
MarketWatch:
https://www.marketwatch.com/story/stock-market-set-to-drift-higher-as-investors-await-inflation-data-fed-minutes-2019-04-10/printWSJ:
https://www.wsj.com/articles/global-stocks-pause-ahead-of-ecb-meeting-fed-minutes-11554883673Bloomberg:
https://www.bloomberg.com/news/articles/2019-04-09/asia-stocks-set-for-declines-treasury-yields-slip-markets-wrapIBD:
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-okta-stock-breakout-apple-stock-amd-stock/CNBC:
https://www.cnbc.com/2019/04/10/stock-market-wall-street-in-focus-amid-inflation-data-fed-minutes.htmlU.K.:
https://uk.reuters.com/article/uk-britain-stocks/ftse-100-little-changed-ahead-of-brexit-summit-indivior-tanks-idUKKCN1RM0RTEurope:
https://www.reuters.com/article/us-europe-stocks/european-stocks-rise-before-brexit-summit-ecb-meeting-idUSKCN1RM0REAsia:
https://www.marketwatch.com/story/asia-stocks-pull-back-early-wednesday-on-the-heels-of-us-market-declines-2019-04-09/printBonds:
https://www.cnbc.com/2019/04/09/bonds-treasury-yields-edge-lower-as-investors-turn-cautious.htmlCurrencies:
https://www.cnbc.com/2019/04/10/forex-market-us-europe-tariffs-brexit-summit-in-focus.htmlOil:
https://www.cnbc.com/2019/04/10/oil-market-opec-supply-cuts-us-sanctions-in-focus.htmlGold:
https://www.cnbc.com/2019/04/10/gold-market-us-eu-tensions-imf-global-outlook-in-focus.htmlCurrent Futures:
https://finviz.com/futures.ashx 
