Global economy is worrying the markets

Global economy is worrying the markets

Global economy is worrying the markets A cocktail of global economic woes have combined this week to subdue sentiment in the world markets. Oil is heading lower once more, China is reporting weakness and there is still uncertainty over US interest rates.

On Thursday markets collapsed with Canada’s TSX and the US Dow Jones both losing more than 2 per cent and Friday’s session looks likely to bring more of the same.
Asian markets have tumbled; Shanghai down 4 per cent, Tokyo down almost 3 per cent, Sydney down 1.4 per cent.

European indexes are down by less than 1 per cent in most cases but sentiment may well drag them further down as the session continues. 
 
  Latest 1 month ago 1 year ago
 
North America (previous session)
US Dow Jones 16,990.69 (-2.06 per cent) -5.18 per cent -0.29 per cent
TSX Composite 13,737.00 (-2.13 per cent) -4.45 per cent -11.69 per cent
 
Europe (at 5.30am ET)
UK FTSE 6,334.38 (-0.53 per cent) -6.42 per cent - 6.54 per cent
German DAX 10,400.36 (-0.31 per cent) -10.38 per cent +10.62 per cent
 
Asia (at close)
China CSI 3,589.54 (-4.57 per cent) -13.84 per cent +52.47 per cent
Japan Nikkei 19,435.83 (-2.98 per cent) -6.75 per cent +24.70 per cent
 
Other Data (at 5.30am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
46.34
(-0.60 per cent)
41.05
(-0.65 per cent)
1150.90
(-0.20 per cent)
U$0.7642
 
Aus. Dollar
U$0.7317