Asia’s best day in weeks and a strong European open pushed the main global stocks index [.EU] back towards a record high. But in an address on Wednesday, U.S. President Donald Trump said no Americans were hurt and made no direct threats of a military response. Futures markets pointed to gains continuing in the United States, with S&P 500 futures up 0.3% and Dow futures 0.4% higher. [GVD/EUR]Risk appetite was also evident in emerging-market currency markets. China’s trade-exposed yuan reached a five-month high of 6.9281 per dollar and hard-hit currencies like South Africa’s randand Turkey’s lira also gained.

Source: Egypt Independent January 09, 2020 10:18 UTC