Morning Briefing: Markets mostly lower ahead of busy week

Morning Briefing: Markets mostly lower ahead of busy week

Morning Briefing: Markets mostly lower ahead of busy week Markets mostly lower ahead of busy week

As the new week, month and quarter gets underway, many stock markets are closed for public holidays including most in Europe. The rest are focusing on some key events this week including the Fed’s latest interest rate decision and the French presidential election.

Asian indexes closed mostly higher although Hong Kong and Seoul were notable exceptions. Sydney and Tokyo were the best performers despite pressure from weaker commodity prices with materials and energy stocks losing traction.

Wall Street and Toronto are expected to open higher. Canadian and US manufacturing data is due.
 

 

Latest

1 month ago

1 year ago

 

North America (previous session)

US Dow Jones

20,940.51 (-0.19 per cent)

+1.34 per cent

+17.82 per cent

TSX Composite

15,586.13 (+0.51 per cent)

+0.25 per cent

+11.72 per cent

 

Europe (at 5.00am ET)

UK FTSE

7,203.94 (-0.46 per cent)

-1.62 per cent

+15.41 per cent

German DAX

12,438.01 (-0.05 per cent)

+1.02 per cent

+23.90 per cent

 

Asia (at close)

China CSI 300

12,438.01 (-0.20 per cent)

-0.47 per cent

+8.97 per cent

Japan Nikkei

19,310.52 (+0.59 per cent)

+2.12 per cent

+15.87 per cent

 

Other Data (at 5.00am ET)

Oil (Brent)

Oil (WTI)

Gold

Can. Dollar

51.73

(-0.61 per cent)

49.08

(-0.51 per cent)

1263.90

(-0.35 per cent)

U$0.7313

 

Aus. Dollar

U$0.7505



US launches investigation into auto patents

The United States is launching a probe into German and Japanese auto makers over whether some components used on vehicles sold in America violate certain patents.

Twenty-five manufacturers including BMW, Toyota and Honda are included in the US International Trade Commission investigation which centres on thermoplastics.

Reuters reports that share prices for Honda and Toyota were little changes in trading Monday.