Equities gain as Britain votes... Asia leads the world for millionaires’ wealth...
Equities gain as Britain votes
The last poll to be published before Brits began their historic vote on EU membership suggests that the majority will opt to remain in the bloc. Voting continues until 10pm UK time Thursday (3am ET Friday) with the result due by early morning.
The markets have been expecting a remain vote and major indexes reflect the latest poll results with most gaining – Friday’s session could be very different of course!
Asian markets closed mostly higher with Shanghai and Seoul declining. European indexes are higher with Germany up more than 2 per cent and the UK gaining 1.5 per cent.
Oil has once again gained ahead of the Brexit vote.
Wall Street and Toronto are expected to open slightly higher.
Asia leads the world for millionaires’ wealth
Asian millionaires now hold more of the world’s wealth than North America or anywhere else according to a report from consulting firm Capgemini.
Asian millionaire’s wealth was up 9.9 per cent in 2015 while weakness in Canadian and US equities saw wealthiest North Americans increase their worth by 2.3 per cent.
The volume of wealth for Asia’s richest residents reached U$17.4 trillion while North Americans had $16.6 trillion in 2015.
The last poll to be published before Brits began their historic vote on EU membership suggests that the majority will opt to remain in the bloc. Voting continues until 10pm UK time Thursday (3am ET Friday) with the result due by early morning.
The markets have been expecting a remain vote and major indexes reflect the latest poll results with most gaining – Friday’s session could be very different of course!
Asian markets closed mostly higher with Shanghai and Seoul declining. European indexes are higher with Germany up more than 2 per cent and the UK gaining 1.5 per cent.
Oil has once again gained ahead of the Brexit vote.
Wall Street and Toronto are expected to open slightly higher.
| Latest | 1 month ago | 1 year ago | |
| North America (previous session) |
|||
| US Dow Jones | 17,780.83 (-0.27 per cent) | +1.65 per cent | -2.00 per cent |
| TSX Composite | 14,003.81 (-0.06 per cent) | +0.61 per cent | -6.05 per cent |
| Europe (at 5.30am ET) |
|||
| UK FTSE (previous) | 6,356.01 (+1.51 per cent) | +3.58 per cent | -7.01 per cent |
| German DAX | 10,290.64 (+2.18 per cent) | +4.56 per cent | -10.85 per cent |
| Asia (at close) |
|||
| China CSI 300 | 3,117.32 (-0.53 per cent) | +0.97 per cent | -34.87 per cent |
| Japan Nikkei | 16,238.35 (+1.07 per cent) | -2.50 per cent | -21.97 per cent |
| Other Data (at 5.30am ET) |
|||
| Oil (Brent) | Oil (WTI) | Gold | Can. Dollar |
| 50.79 (+1.82 per cent) |
49.92 (+1.61 per cent) |
1266.30 (-0.29 per cent) |
U$0.7873 |
| Aus. Dollar |
|||
| U$0.7580 | |||
Asia leads the world for millionaires’ wealth
Asian millionaires now hold more of the world’s wealth than North America or anywhere else according to a report from consulting firm Capgemini.
Asian millionaire’s wealth was up 9.9 per cent in 2015 while weakness in Canadian and US equities saw wealthiest North Americans increase their worth by 2.3 per cent.
The volume of wealth for Asia’s richest residents reached U$17.4 trillion while North Americans had $16.6 trillion in 2015.
