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Global Stocks Rebound From Overnight Lows, On Edge Ahead Of Trump-Xi Meeting

Thursday, April 6, 2017 6:26
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(Before It's News) / by Tyler Durden / Apr 6, 2017

S&P futures are little changed at 6am ET, trading at 2347.55 and paring an earlier 0.4 percent drop, on the back of the USDJPY ramp which for the second day in a row has emerged alongside the European open, just as the key 110 support level appears in danger, soothing concerns about the Fed’s balance sheet reduction and “some” Fed officials warning that stocks have gotten expensive.

The S&P plunged in the last 90 minutes of trading on Wednesday led by banks and energy companies. While Asian stocks fall in early trading, European bourses rebounded from session lows alongside the S&P and USDJPY. In Europe, media, bank and insurers lead the decline but have since cut their losses as the market’s attention shifts to the upcoming summit between Trump and Xi.


The post Global Stocks Rebound From Overnight Lows, On Edge Ahead Of Trump-Xi Meeting appeared first on Silver For The People.


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