Wall Street futures go down on American government shutdown

On Monday, Wall Street stock futures along with the evergreen buck pulled back a bit after the American authorities had to shut down amid a fierce dispute between Democrats and Donald Trump over immigration.

However, Asian equities were still resilient, while American bond yields keep soaring because market participants saw minor economic fallout from the standoff in Washington.

European stock futures are generally starting higher. Dax futures added 0.2%, while France's CAC headed north 0.05%. In Great Britain FTSE declined 0.1%.

MSCI's index of Asia-Pacific equities erased modest losses just to eke out revenues of 0.15%, reaching a record maximum for six days in a row. As for Japan's Nikkei, it gained 0.03 point.

American S&P500 mini futures slumped 0.1%, still keeping to a record maximum reached on Friday.

Meanwhile, US Treasuries yields have managed to inch up notwithstanding the government shutdown, contributing to their long-lasting ascend since September.

Similar

15.05.2019 13:34 Futures head south after China data points to decelerating retail sales

On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…

stock market wall street geopolitics

15.05.2019 12:12 Italian budget fears suppress stocks

On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…

stock market europe geopolitics

14.05.2019 09:17 Asian stocks head south to three-and-a-half month minimum

On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…

stock market asia geopolitics