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People are walking in front of the electronic board of a securities brokerage in Tokyo on Monday, November 19, 2018. Asian stocks were mostly up Monday after a wave of shopping on Wall Street maintained investor optimism in a new week, despite lingering concerns about trade tensions. (AP Photo / Koji Sasahara) The Associated Press
By YURI KAGEYAMA, AP Business Writer
TOKYO (AP) – Global equities posted moderate gains on Monday after a wave of Wall Street buying that kept investors optimistic for the new week, despite lingering worries about trade tensions.
KEEPING THE SCORE: The French CAC 40 added 0.4% to 5 047.56 early in the session, while the German DAX was at 11 383.30, up 0.4%. The British FTSE100 added 0.4% to 7,042.59. US equities are expected to fall, with Dow futures advancing by less than 0.1% to 25,461. S & P 500 futures have risen 0.1% to 2,745.00 .
BREXIT: British Prime Minister Theresa May has been striving to win business support for her agreement on the Brexit Treaty with the European Union, but she has remained in conflict with lawmakers seeking to overthrow her. In a speech on Monday in May, it was planned to say that the agreement "meets the wishes of the British people expressed in the 2016 referendum" to leave the EU, and the withdrawal has already been decided. Some conservative lawmakers in May favor Brexit in opposition to the agreement between Britain and the European Union. They are trying to bring together the 48 legislators they need to call a vote of no confidence in Parliament.
TRADE: Clashes between China and the United States at the Pacific summit this weekend could suggest limited prospects for a breakthrough in Trump's claims that Beijing will steal or pressurize on foreign companies so that they transfer the technology to the market access price. The United States has imposed a 10% tariff on $ 200 billion worth of Chinese products. This rate should reach 25% in January. Another $ 50 billion worth of Chinese products is already subject to 25% tariffs. Beijing responded by imposing $ 110 billion worth of US products. Discussions are ongoing ahead of a meeting between Chinese President Xi Jinping and President Donald Trump scheduled for the G-20 summit later this month.
JAPAN TRADE: Japan's trade deficit widened in October, but exports rebounded after being hit by natural disasters in September. Data from the Ministry of Finance show that exports increased by 8.2% compared to the same month of the previous year. In September, exports fell 1.2% from the previous year, the first decline in the world's third largest economy since 2016. Imports rose 19.9% in October.
"The APEC summit held in Papua New Guinea revealed the magnitude of the differences between the United States and China, negating the hopes of an impending trade agreement between the states." And China, which prevents new tariffs, "said Vishnu Varathan of Mizuho Bank in Singapore.
DAY ASIA: Japan's benchmark, the Nikkei 225, rose 0.7% to 21,821.16 and Hong Kong's Hang Seng 0.7% to 26,372.00. The Shanghai Composite Index rose 0.9% to 2,703.51% and the Sensex Indian Index rose 0.6% to 35,666.25. Kospi of South Korea gained 0.4% to 2100.06. The Australian S & P / ASX 200 lost 5.6% to 5,693.70. Shares in Southeast Asia were mixed.
ENERGY: US benchmark crude oil added 74 cents to 57.42 dollars a barrel in electronic trading on the New York Mercantile Exchange. Brent, used for the price of oil in international markets, rose 55 cents to 67.31 dollars per barrel.
CURRENCIES: The dollar fell slightly by 112.82 yen against 112.83 yen on Friday night. The euro also changed little, to 1.11418 dollar, up 1.11417 dollar.
Yuri Kageyama is on Twitter at https://twitter.com/yurikageyama
On Instagram at https://www.instagram.com/yurikageyama/?hl=en
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