Contact Your Financial Adviser Money Making MC
17
March 2017
Global markets (The Total Investment & Insurance
Solutions)
Global
markets were mixed Friday as investors awaited a meeting of finance and
economic ministers of the Group of 20 industrial countries. The Total Investment & Insurance
Solutions
KEEPING SCORE: France's CAC 40 lost 0.1 percent in early trading to
5,007.66, while Germany's DAX fell 0.5 percent to 12,028.09. Britain's FTSE 100
inched up nearly 0.1 percent to 7,418.84. U.S. shares were set to drift lower
with Dow futures down 0.1 percent and S&P 500 futures 0.2 percent lower.
ASIA'S DAY: Japan's benchmark Nikkei 225 edged down 0.4 percent to
finish at 19,521.59. Australia's S&P/ASX 200 added 0.2 percent to 5,799.60
and India's Sensex was up 0.3 percent at 29,683.29. South Korea's Kospi gained
0.7 percent to 2,164.58. Hong Kong's Hang Seng edged 0.1 percent higher to
24,309.93, while the Shanghai Composite shed nearly 1.0 percent to 3,237.45.
G-20
POWWOW: Finance leaders from the G-20 industrial and emerging economies are
meeting Friday-Saturday in the southern German resort town of Baden-Baden. The
first G-20 finance meeting since tough-talking Donald Trump was elected
president, it's likely to focus on concerns over protectionism and currencies. The Total Investment & Insurance
Solutions
THE
QUOTE: "Normally the G-20 serves up a vacuous statement on free trade,
etc. that most of its members completely ignore themselves, before they all
head of for a nice lunch and photos at a nice resort somewhere," Jeffrey
Halley, a senior market analyst at OANDA, said in a commentary. "This meeting
has the potential to be more heated so to speak, with some very militant senior
members of the new Trump administration in attendance and looking to shake the
global trade tree. Lunch may have to wait." The Total Investment & Insurance Solutions
ENERGY:
Benchmark U.S. rose 6 cents to $48.81 a barrel. It had slipped 11 cents to
settle at $48.75 per barrel Thursday, the eighth drop in the last nine days.
Brent crude, which is used to price international oils, slipped 7 cents to
$51.67 a barrel. The Total Investment
& Insurance Solutions
CURRENCIES:
The euro rose to $1.0768 from $1.0726 in Asia, while the dollar slipped to
113.32 yen from 113.40 yen. The Total
Investment & Insurance Solutions
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