LONDON A mix of China’s virus fears and new year holidays dragged world markets lower again on Monday. Although many of Asia’s main markets were closed - including Shanghai, Hong Kong and Australia – Tokyo’s Nikkei fell 2%, Thai and Indonesia benchmarks were down 1% to 3% and U.S. stock futures fell another 1% following their biggest drop since October on Friday. European stocks dropped 1.5% at the open, while MSCI’s all-country world index was down 0.2% and in the red for the third day in a row.
LONDON The mood turned darker again on world markets on Thursday, unable to shake off concerns over the Chinese virus scare, hit by fresh U.S. tariff threats against Europe and anxious about some incoming corporate earnings reports.
LONDON, Jan 23 The mood turned darker again on
world markets on Thursday, unable to shake off concerns over the
Chinese virus scare, hit by fresh U.S. tariff threats against
Europe and anxious about some incoming corporate earnings
reports. Data showing Japanese exports sliding more than
forecast in December, albeit before the U.S.-China trade truce
kicked in, added to the gloom. Anxiety over Italian politics
added to the uncertainty while European markets await the
outcome of the European Central Bank’s first policy meeting of
the year later on Thursday.
LONDON Much like the reaction to the Iran crisis earlier this month, world markets appear to have quickly shrugged off fears of an economic hit from the new coronavirus in China and have rebounded smartly from Tuesday's lows.
LONDON World markets were jolted overnight by the potential economic damage from the coronavirus in China before next week’s Lunar New Year holiday, after the International Monetary Fund cut its global economic growth forecast again.
LONDON The record-breaking run on world markets shows few signs of ending, with MSCI’s all-country index up almost 2.5% for the first three weeks of the year and at all-time highs along with Wall Street and European benchmark equity indices.
* A look at the day ahead from EMEA markets editor Mike
views expressed are his own.
LONDON World stock markets remained near the record highs they set on Wednesday as they digested the details of the U.S.-China trade truce, sized up the first big central bank policy meetings of 2020 and evaluated the fourth-quarter corporate earnings streaming in.
LONDON The record-breaking new year's surge for world stocks paused on Wednesday as investors awaited the signing in Washington later today of the U.S.-China Phase 1 trade deal, more fourth-quarter U.S. bank earnings and Chinese gross domestic product readings at the end of the week.
LONDON After last week’s Iran-related roller-coaster ride, world stock markets probed higher again on Monday as the oil price increases continued to dissipate.