Greece deal, Japan contraction in focus

Greece deal, Japan contraction in focus

Greece deal, Japan contraction in focus World markets have shown a mixed performance so far Monday as regional concerns are in focus.

In Asia China’s central bank allowed the yuan to stabilize which gave other regional currencies some lift. Japan’s GDP figures showed a 1.6 per cent contraction for the economy which is a blow to Abenomics but was a smaller decline than the 1.9 per cent expected by a poll of economists by Reuters.
Meanwhile in Europe stocks are trading higher so far, buoyed by the yuan’s position but also on optimism that a deal with Greece over its bailout will be reached. 
 
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North America (previous session)
US Dow Jones 17,477.40 (+0.40 per cent) -3.37 per cent +4.89 per cent
TSX Composite 14,277.88 (+0.28 per cent) -2.49 per cent -6.71 per cent
 
Europe (at 5.20am ET)
UK FTSE 6,550.96 (+0.00 per cent) -3.31 per cent -2.06 per cent
German DAX 11,028.02 (-0.39 per cent) -5.53 per cent +21.29 per cent
 
Asia (at close)
China CSI 4,077.87 (+0.11 per cent) -1.77 per cent +72.74 per cent
Japan Nikkei 20,620.26 (+0.49 per cent) -0.15 per cent +34.61 per cent
 
Other Data (at 5.20am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
48.74
(-0.91 per cent)
41.89
(-1.44 per cent)
1117.00
(+0.39 per cent)
U$0.7611
 
Aus. Dollar
U$0.7357