Morning Briefing: Markets mixed on regional matters, oil slump

Markets mixed on regional matters, oil slump

Equity markets are mixed so far Tuesday as investors wait to see if China’s mainland stocks will be included on the MSCI index of emerging markets; and politics takes centre stage in Europe and Brexit talks enter their second day.

Oil prices have slumped overnight with a near-2-per cent drop for US crude and the international benchmark Brent. Concerns over the global supply glut are intensifying.

Asian indexes closed mixed with Sydney among the weakest markets and Tokyo the strongest.

European indexes are generally trending higher.

Wall Street and Toronto are expected to open flat. Canadian wholesale sales data is due.
 

	Latest	1 month ago	1 year ago
North America (previous session)
US Dow Jones	21,528.99 (+0.68 per cent)	+3.48 per cent	+20.92 per cent
TSX Composite	15,266.04 (+0.48 per cent)	-1.24 per cent	+8.93 per cent
Europe (at 5.00am ET)
UK FTSE	7,527.61 (+0.05 per cent)	+0.76 per cent	+21.33 per cent
German DAX	12,932.42 (+0.34 per cent)	+2.32 per cent	+29.82 per cent
Asia (at close)
China CSI 300	3,546.49 (-0.20 per cent)	+4.19 per cent	+13.94 per cent
Japan Nikkei	20,230.41 (+0.81 per cent)	+3.27 per cent	+26.71 per cent
Other Data (at 5.00am ET)
Oil (Brent)	Oil (WTI)	Gold	Can. Dollar
45.99 (-1.96 per cent)	43.40 (-1.81 per cent)	1248.40 (+0.14 per cent)	U$0.7549
			Aus. Dollar
			U$0.7611

Aircraft manufacturing demand set to take off

Bombardier should benefit from increased demand for passenger and freight aircraft in the next 20 years, if a forecast from rival Boeing is accurate.

Boeing’s rolling 20-year forecast has been updated to show a 4 per cent rise in the market to $8.5 trillion over the next two decades.

However, it’s not all good news as the report says that currently demand is slowing following a period of high-demand.