Chinese market on a rollercoaster

Chinese market on a rollercoaster

Chinese market on a rollercoaster Wednesday’s trading session in Asia has shown the volatile nature of the Chinese stock market with a rollercoaster ride of highs and lows during the day sending shockwaves across the region. Reuters reports that only the intervention of state-backed equity buyers stabilized the market in late trading to secure a 1 per cent gain for China’s main index.

European markets are cautious so far as investors await agreement on the deal for Greece and the minutes of the Fed’s July monetary policy meeting which are due at 2pm ET, after European trade ends. In London, a Bank of England policymaker has said that interest rates in the UK will rise “soon”. 
 
  Latest 1 month ago 1 year ago
 
North America (previous session)
US Dow Jones 17,511.34 (-0.19 per cent) -3.18 per cent +3.99 per cent
TSX Composite 14,193.87 (-0.40 per cent) -3.07 per cent -8.29 per cent
 
Europe (at 5.00am ET)
UK FTSE 6,449.67 (-1.17 per cent) -4.80 per cent -4.86 per cent
German DAX 10,734.59 (-1.66 per cent) -8.04 per cent +15.00 per cent
 
Asia (at close)
China CSI 3,886.14 (+1.59 per cent) -6.39 per cent +63.64 per cent
Japan Nikkei 20,222.63 (-1.61 per cent) -2.07 per cent +30.89 per cent
 
Other Data (at 5.00am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
48.96
(+0.31 per cent)
42.62
(-0.00 per cent)
1121.70
(+0.43 per cent)
U$0.7667
 
Aus. Dollar
U$0.7355