Calls for calmer trading as China stabilizes

Calls for calmer trading as China stabilizes

Calls for calmer trading as China stabilizes Trading on China’s stock markets overnight have been typically volatile but the day has ended with some stability giving rise to calls for a calmer trading day elsewhere in the world.
So far European markets have edged higher as investors got back to business. Underlying confusion as to the Chinese government and central bank’s policies will continue to add a tint of caution to trading though.

Wall Street is expected to open higher following the near-3 per cent loss as the previous session closed. Data will dominate the session Wednesday with employment, productivity, mortgages and factory orders figures all being released along with the Fed’s Beige Book and the EIA Petroleum Status.
 
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North America (previous session)
US Dow Jones 16,058.35 (-2.84 per cent) -9.22 per cent -5.91 per cent
TSX Composite 13,481.90 (-2.72 per cent) -6.82 per cent -13.68 per cent
 
Europe (at 6.00am ET)
UK FTSE 6,057.97 (-0.01 per cent) -9.53 per cent -11.29 per cent
German DAX 10,000.52 (-0.15 per cent) -11.57 per cent +5.19 per cent
 
Asia (at close)
China CSI 300 3,365.83 (+0.11 per cent) -11.81 per cent +41.04 per cent
Japan Nikkei 18,095.40 (-0.39 per cent) -12.10 per cent +15.49 per cent
 
Other Data (at 6.00am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
48.96
(-1.21 per cent)
44.38
(-2.27 per cent)
1138.40
(-0.12 per cent)
U$0.7540
 
Aus. Dollar
U$0.6995