Morning Briefing: Global equities slump on China, oil

Morning Briefing: Global equities slump on China, oil

Morning Briefing: Global equities slump on China, oil Global equities slump on China, oil
The usual suspects have resulted in a slump for global equities Wednesday. Concern over China’s growth combined with oil falling almost 3 per cent have pushed markets lower so far.

Asia’s indexes closed with losses; Tokyo’s Nikkei entered bear territory with an almost-4 per cent slump; Hong Kong fell by around the same; and Shanghai and Sydney were off by more than 1 per cent.

Europe has followed with losses of 3 per cent in early trading as oil prices fell with West Texas Intermediate dropping below $28.

Wall Street and Toronto are expected to open lower.
 
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North America (previous session)
US Dow Jones 16,016.02 (+0.17 per cent) -6.50 per cent -8.54 per cent
TSX Composite 12,002.24 (+0.50 per cent) -7.85 per cent -16.12 per cent
 
Europe (at 5.30am ET)
UK FTSE 5,707.63 (-2.88 per cent) -5.30 per cent -13.78 per cent
German DAX 9,367.36 (-3.07 per cent) -11.70 per cent -8.67 per cent
 
Asia (at close)
China CSI 300 3,174.38 (-1.51 per cent) -15.75 per cent -6.53 per cent
Japan Nikkei 16,416.19 (-3.71 per cent) -13.54 per cent -5.47 per cent
 
Other Data (at 5.30am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
28.13
(-2.19 per cent)
27.64
(-2.88 per cent)
1093.90
(+0.44 per cent)
U$0.6832
 
Aus. Dollar
U$0.6858

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