World markets are lower so far Thursday as data from China and Japan reveal continued weakness in Asia’s major economies
World markets are lower so far Thursday as data from China and Japan reveal continued weakness in Asia’s major economies. In Japan is was machinery orders that disappointed, missing the 3.7 per cent expected; in China consumer prices grew 2 per cent, better than expected, but the producer price index was down 5.9 per cent, greater than forecast. Both markets will be looking for signs of increased stimulus. Reuters says that central banks are on alert, particularly those in the region, as concern grows about the effect of China’s weakness.
European markets are also lower so far due to the weak Asian situation although North American indexes are forecast to open higher after closing down in the previous session.
European markets are also lower so far due to the weak Asian situation although North American indexes are forecast to open higher after closing down in the previous session.
| Latest | 1 month ago | 1 year ago | |
| North America (previous session) |
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| US Dow Jones | 16,253.57 (-1.45 per cent) | -7.73 per cent | -4.78 per cent |
| TSX Composite | 13,531.85 (-0.72 per cent) | -6.46 per cent | -12.54 per cent |
| Europe (at 5.30am ET) |
|||
| UK FTSE | 6,181.20 (-0.77 per cent) | -8.24 per cent | -9.50 per cent |
| German DAX | 10,259.41 (-0.42 per cent) | -11.59 per cent | +5.77 per cent |
| Asia (at close) |
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| China CSI 300 | 3,357.56 (-1.23 per cent) | -17.79 per cent | +38.03 per cent |
| Japan Nikkei | 18,299.62 (-2.51 per cent) | -12.06 per cent | +15.90 per cent |
| Other Data (at 5.30am ET) |
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| Oil (Brent) | Oil (WTI) | Gold | Can. Dollar |
| 47.99 (+0.86 per cent) |
44.79 (+1.45 per cent) |
1106.60 (+0.42 per cent) |
U$0.7569 |
| Aus. Dollar |
|||
| U$0.7073 | |||
