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1 November 2017
 |
| Japan financial markets (The Total Investment & Insurance Solutions) |
Global stocks rose on Wednesday amid optimism over global economic
growth and corporate earnings. The
Total Investment & Insurance Solutions
KEEPING SCORE: France's CAC 40 added 0.4
percent to 5,526, while Germany's DAX was up 1.8 percent at 13,473. Britain's
FTSE 100 gained 0.2 percent to 7,508 after an upbeat report on manufacturing.
U.S. shares were also set to advance, with Dow futures up 0.6 percent and
S&P 500 futures climbing 0.4 percent.
GOOD EARNINGS: More than half the companies
in the S&P 500 have reported their results for the July-through-September
quarter, and most have topped Wall Street forecasts. Several big names are
still on the docket for this week, with Facebook set to report on Wednesday and
Apple on Thursday.
CENTRAL BANKS: Several of the world's largest
central banks are meeting this week, and the Bank of Japan decided on Tuesday
to keep its interest rates at ultra-low levels. The Bank of England is expected
to raise interest rates on Thursday, which would be the first increase in a
decade. The Federal Reserve wraps up a two-day meeting Wednesday, though most
economists expect the U.S. central bank to wait until its December gathering to
raise rates for the third time this year. Meanwhile, attention is on President
Donald Trump's choice for the next Fed chair. The Total Investment & Insurance Solutions
ASIA'S DAY: Japan's benchmark Nikkei 225
added 1.9 percent to close at 22,420.08. Australia's S&P/ASX 200 added 0.5
percent to 5,937.80. South Korea's Kospi gained 1.3 percent to 2,556.47. Hong
Kong's Hang Seng rose 1.2 percent to 28,584.06, while the Shanghai Composite
climbed 0.1 percent to 3,395.91. Shares in Taiwan and Southeast Asia were
higher.
ENERGY: Benchmark U.S. crude oil added 58
cents to $54.96 a barrel in electronic trading on the New York Mercantile
Exchange. It rose 23 cents to settle at $54.38 per barrel overnight. Brent
crude, the international standard, rose 42 cents to $61.32 per barrel. The Total Investment & Insurance
Solutions
CURRENCIES: The dollar rose to 114.18 yen
from 113.12 yen late Tuesday in Asia. The euro rose to $1.1617 from $1.1638.The Total Investment & Insurance
Solutions
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