Overseas Trading: Asia, Europe Follow U.S. Stocks Higher

Markets in Europe and Asia are higher as investors anticipate stimulus measures out of Japan and England

Jul 13, 2016 at 8:39 AM
facebook X logo linkedin


Markets in Asia ended modestly higher, extending stocks' recent rally, as traders continue to anticipate stimulus measures out of Japan. The country's chief cabinet secretary, Yoshihide Suga, denied claims that the Prime Minister Shinzo Abe and his aides are considering "helicopter money," but noted that Japan's government "is planning to introduce a comprehensive and bold economic stimulus." The Japanese Nikkei finished the session 0.8% higher.

Elsewhere in the region, hopes of monetary easing helped stocks shake off falling crude oil prices, after the International Energy Agency (IEA) expressed concerns about global oversupply ahead of this week's crude inventories report in the U.S. China's Shanghai Composite gained 0.4%, Hong Kong's Hang Seng climbed 0.5%, and South Korea's Kospi added 0.7% for the day.

Stocks in Europe are also higher at midday, following Wall Street's bullish lead, after major indexes in the U.S. tapped all-time highs on Tuesday. Investors are expecting the Bank of England (BOE) to cut interest rates this week, while the U.K. government will be officially turned over to the new prime minister, Theresa May, by the end of the day. London's FTSE 100 was last seen just above breakeven, while the German DAX is up 0.2%, and France's CAC 40 has climbed 0.5%.

overseas stocks july 13

Sign up now for Schaeffer's Market Recap to get all the day's big stock movers, must-know technical  levels, and top economic stories straight to your inbox. 

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI