Global equities falter ahead of US and Chinese economic data



[ad_1]

SINGAPORE – Global markets were mixed on Monday before the US and China published economic data that could show the effects of a trade dispute between the world's two largest economies.

GUARANTEE OF THE SCORE: The German DAX lost 11.6% to 11,465.63 early in the session while the British FTSE 100 rose 0.4% to 7,130.04. The French CAC 40 lost 0.2% to 5,094.70. Wall Street was ready for a flat opening. Futures contracts for the S & P 500 Index were 0.1% lower at 2,779.80. Dow futures dropped nearly 0.1% to 25,963.00.

DAY IN ASIA: The Japanese Nikkei 225 added 0.1% to 22,269.88. Hong Kong Hang Seng rose 0.1% to 25,633.18. The Shanghai Composite Index rebounded 1.2% to 2,630.52 after closing down each day last week. The Australian S & P-ASX 200 gained 0.3% to 5,941.30. Kospi in South Korea plunged 2.0% to $ 2,080.44. Stocks were stable in Thailand but lower in Singapore, Thailand, Indonesia and the Philippines.

GLOBAL GROWTH: Markets are closely monitoring the release by the US Department of Labor of US inflation data, which is based on consumer prices. In Asia, traders are waiting for industrial production data from China and Japan. They will look for clues of a recovery in the Chinese economy, where auto sales fell for the fourth consecutive month in October. Concerns about China's slowing economic growth and its smoldering trade dispute with the United States weighed on global equity markets.

ANALYST'S Take: "This is a data-centric week this week where the US CPI should be the strong point of the Fed and broad market indices, especially the greenback," he said. said Jingyi Pan of IG in a comment.

ENERGY: Oil futures rallied on the news that major producers planned to cut production. Saudi Energy Minister Khalid al-Falih said Sunday that the kingdom would reduce its exports of about 500,000 barrels a day from November to December. Russian Oil Minister Alexander Novak said at a meeting of oil producers in Abu Dhabi that his country was open to cuts. The benchmark US crude rebounded after 10 days of losses, adding 85 cents to 61.04 dollars a barrel on the New York Mercantile Exchange. The contract yielded 48 cents to 60.19 dollars in the previous session. Brent, used for the price of international oil, returned 1.37 USD to 71.55 USD. It fell 47 cents to 70.18 dollars in London.

CURRENCIES: The dollar strengthened to 114.01 yen against 113.83 yen on Friday night. The euro rose from $ 1,1345 to $ 1,1260.

r n {% endblock%} "}," start ":" https: / / users.startribune.com / placement / 1 / environment / 3 / limit-signup-optimizely / start "}, {" id ":" limit-registration "," number ": 12," action ":" ignore "," mute ": true," action_config ": {" template ":" {% extends " "%} {% block heading_text%} You have read your 10 free articles for this 30 day period. Sign up now to benefit from local coverage that you will not find anywhere else, special sections and your favorite columnists. StarTribune puts Minnesota and the world at your fingertips. {% endblock%} {% last block}} {{parent ()}} r {# limits the number of Krux pixels from https: / / www.squishlist. com / strib / customshop / 328 / #} r n r n r n {% endblock%} "}," start ":" https: / / users.startribune.com / placement / 1 / environment / 3 / limit-signup / start "} , {"id": "meter-desktop-331", "count": 10, "action": "ignore", "mute": false, "action_config": false, "start": "https: / /users.startribune.com \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ use \\\\\\\\\\\\\\\\\\ false, "start": "https: / / users.startribune.com / placement / 1 / environment / 3 / PDA991499opt / start"}, {"id": "limit", "count ": 8," action ":" inject "," mute ": false," action_config ": {" template ":"

r n r n

r n

r n

r n r n

r n t

r n SUBSCRIBE r n Already a subscriber? S & # 39; identify. r n

r n

All Star Tribune readers without a Digital Access subscription receive a limited number of free items every 30 days. Once the limit of the number of articles reached, we ask the readers to subscribe a subscription including Digital Access to continue the reading. Digital access is included in all subscriptions on multiple days of paper-based home delivery, Sunday + Digital and Premium Digital Access. After the introductory 1 month period of Premium Digital Access, you will be charged for $ 14.99 per month. You can see all the subscription options or connect to an existing subscription right here r n

r n r n

r n

r n

r n

r n

r n "}," start ":" https: / / users.startribune.com / placement / 1 / environment / 3 / limit / start "}, {" id ":" nag "," count ": 7," action ":" lightbox "," mute ": true," action_config ": {" height ": null," width ":" 630px "," redirect_on_close ": null," template ":" {% extend "shell "%} {% the sub-styles of blocks%} r n

{% endblock%} {% blocking page%} {{{limit - count-1}} r n {{form.flow_form_open ({nextAction: 'firstSlide', null, null, _top '}} {{form.btn (& # 39; # 39; Save Now}} { form.flow_form_close ()}} r n r n

r n r n u2022 r n#} r n

r n

r n

You still have {{limit - count - 1}} items

r n

r n r n u2022 u2022 n n n n r n

r n

r n

r n

r n Save More Today r n

More than 70% off!

r n

r n

r n

r n

99 u002 for the first 4 weeks

{{form.flow_form_open ({nextAction: 'firstSlide', null, null, _top '}} { form.button (& # 39; Save Now & # 39;; & # 39;; btn nag-btn & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp;}}}

r n

{% endblock%} {% last block}} {{parent ()}} r n r n {% endblock%} "}," start ":" https: / / users.startribune.com / placement / 1 / environment / 3 / nag / start "}, { "id": "x", "count": 4, "action": "ignore", "mute": true, "action_config": false, "start": "https: / / users.startribune.com / placement / 1 / environment / 3 / x / start "}, {" id ":" multiple startup "," account ": 3," action ":" fly_in "," mute ": true , "action_config": {"location": "bottom_left", "slide_direction": "bottom", "group_id": null, "display_delay": "0", "collapse_delay": "10", "template": "

r n

r n

r n

r n u00d7 r n

r n

r n

From just

r n

$ 3.79 99 € per week

r n Save now r n

r n

r n

"}," start ":" https: / / users.startribune.com / placement / 1 / environment / 3 / multi-start / start "}]};
[ad_2]
Source link