Global stock markets show signs of stabilisation.
Global stock markets show signs of stabilisation. Stocks still headed south in Asia with China underperforming and the CSI 300 down -1.01% at close as comments from China's ministry of commerce keep the U.S.-Sino trade spat alive. Elsewhere in Asia losses were more muted, however, and the Nikkei was down -0.12% at the close and European stock markets have basically moved sideways this morning, with DAX and FTSE 100 at 0.05% and -0.04% as of 9:57GMT. The Euro Stoxx 50 is up 0.03% and U.S. futures moved broadly higher. The NASDAQ future is up 0.212%, the S&P future is up 0.17% and the Dow Jones future is up 0.091%, suggesting markets quickly moved past the slightly more hawkish FOMC minutes. Trade jitters and escalating tensions in the Middle East continue to hang over markets, but for now investors seem to take a step back.