Financial Markets analysis September 25, 2018

<p dir&equals;"ltr">&lbrack;sg&lowbar;popup id&equals; »897&Prime&semi; event&equals; »onLoad »&rsqb;&lbrack;&sol;sg&lowbar;popup&rsqb;&NewLine;<p dir&equals;"ltr">Here are the top five things you need to know in financial markets on Tuesday&comma; September 25&colon;<&sol;p>&NewLine;<p dir&equals;"ltr"><strong>1&period; Trump Addresses the UN<&sol;strong><&sol;p>&NewLine;<p dir&equals;"ltr">U&period;S&period; President Donald Trump is expected to address the United Nations General Assembly today&comma; with many expecting to hear his &OpenCurlyDoubleQuote;America First” rhetoric&period; He plans to discuss state sovereignty and American interests&comma; his ambassador&comma; Nikki Haley&comma; told the New York Times&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Iranian President Hassan Rouhani is also in New York for the assembly&period; He said Monday he would consider new talks with Washington if Trump honored the 2015 nuclear accord&period; Tehran faces increased sanctions aimed at its oil supply after Trump pulled out of the deal in May&period;<&sol;p>&NewLine;<p><script async src&equals;"&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script><br &sol;>&NewLine;<&excl;-- Monordy --><br &sol;>&NewLine;<ins class&equals;"adsbygoogle" style&equals;"display&colon; block&semi;" data-ad-client&equals;"ca-pub-4546566709122407" data-ad-slot&equals;"8159182898" data-ad-format&equals;"auto" data-full-width-responsive&equals;"true"><&sol;ins><br &sol;>&NewLine;<script>&NewLine;&lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi;&NewLine;<&sol;script><&sol;p>&NewLine;<p dir&equals;"ltr"><strong>2&period; U&period;S&period; and Japanese Officials Begin Trade Talks<&sol;strong><&sol;p>&NewLine;<p dir&equals;"ltr">U&period;S&period; trade representatives and Japan’s economy minister meet for a second round of trade talks that were postponed from Monday&period; The talks are ahead of a meeting between Trump and Prime Minister Shinzo Abe on Wednesday at the UN General Assembly&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Abe and Trump had dinner on Sunday&comma; which Abe told reporters lead to constructive talks on trade&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Japan wants to stop import tariffs on its cars and fend off U&period;S&period; demands for a free-trade agreement&period; The country is considering lowering tariffs on U&period;S&period; agriculture in exchange for avoiding higher auto tariffs&period;<&sol;p>&NewLine;<p dir&equals;"ltr"><strong>3&period; U&period;S&period; Futures Inch Forward<&sol;strong><&sol;p>&NewLine;<p dir&equals;"ltr">U&period;S&period; futures pointed to a slightly higher opening bell on Wall Street as the Federal Reserve begins its two-day policy meeting&period;<&sol;p>&NewLine;<p dir&equals;"ltr">The <span class&equals;"aqPopupWrapper js-hover-me-wrapper">S&amp&semi;P 500 futures<&sol;span> rose 0&period;12&percnt; while <span class&equals;"aqPopupWrapper js-hover-me-wrapper">Dow futures<&sol;span> gained 0&period;12&percnt; and tech heavy <span class&equals;"aqPopupWrapper js-hover-me-wrapper">Nasdaq 100 futures<&sol;span> increased 0&period;01&percnt;&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Meanwhile trading in Europe was higher&comma; with gains in Germany’s <span class&equals;"aqPopupWrapper js-hover-me-wrapper">DAX<&sol;span>&comma; France’s <span class&equals;"aqPopupWrapper js-hover-me-wrapper">CAC 40<&sol;span> and London’s <span class&equals;"aqPopupWrapper js-hover-me-wrapper">FTSE 100<&sol;span>&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Asian stocks ended the day mostly in the red&comma; with the <span class&equals;"aqPopupWrapper js-hover-me-wrapper">Shanghai Composite<&sol;span> down 0&period;58&percnt;&comma;and the SZSE Component index falling 0&period;66&percnt;&period; The <span class&equals;"aqPopupWrapper js-hover-me-wrapper">China A50 Index<&sol;span> of China’s biggest companies dipped 1&period;25&percnt;&comma; while in Japan&comma; the <span class&equals;"aqPopupWrapper js-hover-me-wrapper">TOPIX<&sol;span> rose 01&period;02&percnt; and the <span class&equals;"aqPopupWrapper js-hover-me-wrapper">Nikkei 225<&sol;span> inched up 0&period;15&percnt;&period;<&sol;p>&NewLine;<p dir&equals;"ltr"><strong>4&period; Oil Prices Hit a 4-year High<&sol;strong><&sol;p>&NewLine;<p dir&equals;"ltr">Oil prices continued to rise on Tuesday after hitting a four-year high on Monday&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Upcoming U&period;S&period; sanctions against Iran and refusal of the Organization of the Petroleum Exporting Countries to raise output helped bolster prices&period; The group of oil producers met in Algiers on Sunday to discuss rising output to counter falling Iranian supplies due to U&period;S&period; sanctions but made no formal recommendation for any additional supply boost&period;<&sol;p>&NewLine;<p dir&equals;"ltr">West Texas <span class&equals;"aqPopupWrapper js-hover-me-wrapper">Crude oil futures<&sol;span> for November increased to &dollar;72&period;52 a barrel&comma; while <span class&equals;"aqPopupWrapper js-hover-me-wrapper">Brent crude<&sol;span> futures&comma; the benchmark for oil prices outside the U&period;S&period;&comma; climbed to over &dollar;81 a barrel&period;<&sol;p>&NewLine;<p><script async src&equals;"&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script><br &sol;>&NewLine;<&excl;-- Monordy --><br &sol;>&NewLine;<ins class&equals;"adsbygoogle" style&equals;"display&colon; block&semi;" data-ad-client&equals;"ca-pub-4546566709122407" data-ad-slot&equals;"8159182898" data-ad-format&equals;"auto" data-full-width-responsive&equals;"true"><&sol;ins><br &sol;>&NewLine;<script>&NewLine;&lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi;&NewLine;<&sol;script><&sol;p>&NewLine;<p dir&equals;"ltr"><strong>5&period; Nike &lpar;<span style&equals;"color&colon; &num;0000ff&semi;">NYSE&colon;<span class&equals;"aqPopupWrapper js-hover-me-wrapper">NKE<&sol;span><&sol;span>&rpar; Reports Earnings After the Closing Bell<&sol;strong><&sol;p>&NewLine;<p dir&equals;"ltr">Nike post earnings results after the closing bell&comma; the first since its controversial ad-campaign featuring former NFL quarterback Colin Kaepernick&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Sales at the athletic apparel company jumped 31&percnt; after the launch of the ads&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Kaepernick was the star of Nike’s &OpenCurlyDoubleQuote;Just Do It” anniversary campaign and one of the football players who kneeled during the national anthem to protest racism&period; The actions prompted harsh criticism of Kaepernick and others from U&period;S&period; President Donald Trump&period;<&sol;p>&NewLine;<p dir&equals;"ltr">On average&comma; analysts expect that the athletic wear giant will report a profit of 62 cents per share on revenue of about &dollar;9&period;9 billion&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Other companies releasing their earnings results include KB Home and Jabil Circuit&lpar;NYSE&colon;<span class&equals;"aqPopupWrapper js-hover-me-wrapper">JBL<&sol;span>&rpar;&period;<&sol;p>&NewLine;

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