Morning Briefing: Markets mixed on oil, fed, data

Morning Briefing: Markets mixed on oil, fed, data

Morning Briefing: Markets mixed on oil, fed, data Markets mixed on oil, fed, data
Equity markets are mixed Friday as oil prices ease, data is digested and investors consider the chance of a US interest rate rise.

Asian markets closed mostly lower with energy, miners and financials losing ground. Japanese data added to the mix and the Nikkei was one of the few to close with gains.

European markets are considering regional data, especially German CPI which is due later. A confidence index for the Eurozone revealed a higher-than-expected reading. Most indexes are trending lower so far.

Wall Street and Toronto are expected to open lower ahead of a first reading for US GDP and other data including personal consumption and expenditure.
 
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North America (previous session)
US Dow Jones 18,169.68 (-0.16 per cent) -0.32 per cent +3.35 per cent
TSX Composite 14,833.75 (+0.18 per cent) +0.69 per cent +7.00 per cent
 
Europe (at 4.30am ET)
UK FTSE 6,942.14 (-0.60 per cent) +1.39 per cent +7.88 per cent
German DAX 10,646.29 (-0.66 per cent) +1.99 per cent -1.71 per cent
 
Asia (at close)
China CSI 300 3,340.13 (-0.17 per cent) +3.38 per cent -5.24 per cent
Japan Nikkei 17,446.41 (+0.63 per cent) +5.96 per cent -7.71 per cent
 
Other Data (at 2.30am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
50.41
(-0.12 per cent)
49.58
(-0.28 per cent)
1267.80
(-0.13 per cent)
U$0.7474
 
Aus. Dollar
U$0.7585

 
Amazon stocks under pressure as results disappoint
Disappointing financial results for the third quarter have sent Amazon’s stocks lower. The online giant reported that profits slipped to U$252 million – 52 cents per share, rather than the 78 cents that was expected.

The firm says that it has being reinvesting in the business with growth in the cloud business and optimism for its Echo and video services.