US futures are intact with focus on crude, Trump's Asia tour

US futures are intact with focus on crude, Trump's Asia tour

On Monday, American stock index futures didn’t change, reacting to a record-setting week because traders paid attention to President Donald Trump's Asia tour as well as crude prices that rallied to its highest value for two years after Saudi Arabia dared to crack down on corruption.

Saudi Arabia's future king suddenly tightened his grip on power. For this purpose he arrested royals, ministers as well as investors, including well-known billionaire Alwaleed bin Talal.

The given news powered fears of Middle Eastern money escaping global financial markets. By the way,  a nephew of the king as well as owner of investment company Kingdom Holding, Prince Alwaleed   has stakes in Citigroup and also Twitter.

Market participants also monitored Donald Trump's Asia tour. He’s on the second day of a 12-day tour, devoted to North Korea's nuclear missile programs as well as trade.

In October, American job surge accelerated, as the Labor Department told, although wages ascended at their slowest annual tempo in more than 1-1/2 years.

Stocks of Qualcomm gained 3.1%, Advanced Micro Devices grew 5.1%.

Additionally, Dow e-minis slid 0.08%, S&P 500 e-minis lost 0.03% and Nasdaq 100 e-minis gained 0.03%.

 

 

 

Similar

Saudi Arabia equities leap at close of trade

On Thursday, Saudi Arabia stocks managed to grow after the close because revenues in the Building & Construction, Real Estate Development as well as Agriculture & Food sectors underpinned stocks…

European equities start lower with PMI in focus

On Thursday, European markets started lower because market participants paid attention to the publication of euro zone manufacturing as well as service sector activity data due later in the session…

EU markets start higher as political worries ease

On Wednesday, European markets started higher because worries as for political tensions in Germany started easing and market participants waited for the presentation of the latest British budget due later in the day…

Popular

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later