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Adding to Monday’s large cap US index losses, of 0.1%-0.8% US index futures are down 0.2-0.4% this morning. In Europe, the Dax is up 0.3% and the FTSE is down 0.6%. Asia Pacific markets sold off overnight. Hong Kong dropped
Overseas markets have turned back downward overnight. In Asia Pacific trading Seoul fell 2.3%, Tokyo lost 1.3% and Hong Kong dropped 1.6%. In Europe this morning, London is flat, Frankfurt is down 0.2% and Paris plus Milan are down 0.5%.
Overnight, China reported disappointing export (-14.5% vs street -12.5%), and import (-12.4% vs street -5.0%), suggesting continued soft economic conditions and sending shockwaves through world markets. With investors reassessing their outlook for resource demand, commodities are getting hammered this morning,
Friday’s rally in North American markets that saw major indices gain 1.2% to 2.0% has levelled off this morning. US index futures are flat and European markets are mixed with the Dax up 0.3% and the FTSE down 0.6%. It’s
With more investors returning from holidays, the new trading week is off to a positive start so far. Commodities have been particularly strong with WTI Crude Oil up 3.4%, Natural Gas up 3.2% and Copper up 1.9%. News over the
US investors return from the Thanksgiving weekend today to find stocks and commodities in retreat. With a rise in protests over the weekend, the impact of China’s latest wave of lockdowns on the domestic and global economy, including the demand
China has been the big story in world markets to turn the trading week. The Hang Seng plunged 6.3% after the Chinese National Congress confirmed President Xi as leader for a third five-year term. Most other places, stocks have been
US stock markets were unable to hold on to their early gains yesterday and the three main indices finished the month with losses of 0.6%-0.8%. Bears have increasingly gained the upper hand overnight and into this morning. Asia Pacific trading
Friday’s big bounces in stock markets, commodities and cryptocurrencies have quickly come to an end. Friday’s enthusiasm has quickly dissipated as the new trading week begins and distribution appears to be resuming. The main causes of this retreat appear to
Investor’s fearful mood didn’t improve over the weekend. Continuing from where they left off last Friday, equity markets around the world have started the week in full reverse with Tokyo plunging 2.5%, London losing 1.8% and Frankfurt falling 1.5%. US
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