Global Stocks begin current week on a strong foot

Global stock markets started a week in bullish mode, surging to a two-week high on Monday after strong U.S. jobs data at the end of last week helped take the edge off investors’ concerns about the potential outbreak of trade war between the United States and other major economies. Germany’s DAX led gains in Europe, rising 0.9%, and MSCI’s world equity index, which tracks shares in 47 countries, hit a two-week high. MSCI’s index of Asia-Pacific shares outside Japan climbed 1.3%, poised for a third session of gains. Japan’s Nikkei gained 1.4% and the Shanghai Composite and the Shenzhen Component traded 0.3% and 0.8% higher respectively.

On Wall Street, U.S. stock futures pushed higher, an indication that equities may be ready to pick up where they left off late last week.

Dow futures were up 90 points, or 0.3%, from their Friday close, while S&P 500 futures gained 9 points, or 0.3%, and Nasdaq 100 futures tacked on 41 points, or roughly 0.6%.

Sources: 

https://www.ft.com/content/259aa50e-208c-11e8-9efc-0cd3483b8b80

https://www.investing.com/news/economy-news/top-5-things-to-know-in-the-market-on-monday-1336201

https://www.investing.com/news/stock-market-news/asia-shares-rally-as-us-job-data-revive-risk-appetite-1335913

https://www.investing.com/news/stock-market-news/asian-equities-rally-as-us-payrolls-lift-markets-1335948

https://www.fxstreet.com/news/us-prospects-of-a-trade-war-have-increased-bbh-201803121242