Asian And European Stocks And Rising Chinese Exports
Publish Date : 2019/08/08 - 11:41

European stocks are trading higher today due to strong Chinese exports and the absence of further tensions in the Chinese-American trade war.Asian stocks also improved overnight.

  • UK’s FTSE 100 up 22 points, or 0.31%, at 7,220
  • Germany’s Dax up 0.76% at 11,738
  • France’s CAC 40 up 1.23% at 5,331
  • Italy’s MiB up 0.77 at 20,698
  • Spain’s Ibex up 0.88% at 8,823

The spot price of gold broke through $1,500 an ounce yesterday, setting a fresh six-year high, as investors sought safer assets amid the trade tensions. Gold is now trading at $1,496 an ounce, down 0.3% on the day.

In India, gold prices hit a record high of Rs 37,920 per 10 gram in Delhi due to strong buying from jewellers.

The pound has firmed slightly against the dollar and the euro, to $1.2156 and €1.0847, after hitting two-year lows last week

Source : Investing

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