Global equities gain because of trade tensions



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Global stocks climbed in the form of strong corporate earnings reports and a softening of transatlantic trade tensions over an agreement between the United States and Europe this week to try to reduce trade barriers.

The MSCI All-Country World The index, which tracks stocks in 47 countries, was up 0.1 percent Friday after the start of European trade.

It was established for a sixth consecutive session of winnings, an unobserved race since February, and was set for its fourth

European equities have progressed slightly in early trades and are expected to end the week at higher six weeks, helped by easing fears over US rates and good corporate results.

Reckitt Benckiser, the Saint-Gobain and Vinci construction groups and the BBVA bank following very positive results, up 0.1% of the STOXX 600.

The values ​​of the European car manufacturers increased the gains Thursday.

Chinese equities underperformed Asian equities, with Shanghai's main index being in the red for most of the day

Traders attribute this to the unresolved trade dispute between United States and China.

The Chinese yuan has been released, of course to mark its seventh week of losses, although losses have been eased by the exchange of US dollars against yuan in the futures market of banks. Chinese state

.

The borrowing costs of the largest economy of the euro zone, Germany, were lower than the six-week highs, a day after the president of the European Central Bank supported the expectations of rising interest rates. Year-on-year bond yields in the bloc were stable before the second-quarter data of US economic growth that many economists expect to see a strong reading.

The 10-year US Treasuries yield edged up to 2.9880 percent, its highest level. -1/2 months,

Japanese 10-year government bond yield slipped one year after the Bank of Japan made special and unlimited purchases for the second time this year. week

. The yen rose 0.1 percent to 94,845, peaking at five days.

Against a basket of currencies, the greenback rose 0.1 percent to 94,845. Thursday, after announcing a drop of 0.73%, after announcing that the ECB would not change its schedule to abandon ultra-low rates or put an end to its program of purchase. bonds

. In a quiet market after three days of gains

Crude oil futures retreated by half to one cent to 74.17 US dollars per barrel, gaining 2 percent this week.

Spot gold fell 0.1 percent to $ US2,221.03 an ounce from 6:24 pm AEST

The precious metal was, however, on track for its third decline consecutive weekly.

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