Morning Briefing: World markets reopen with positive mood

Morning Briefing: World markets reopen with positive mood

Morning Briefing: World markets reopen with positive mood World markets reopen with positive mood
Many of the world’s stock markets were closed Monday for holidays, including Toronto, London and Tokyo, but all were trading Tuesday and have been broadly higher so far.

Despite some further decline overnight for oil prices, investors are positive with Asian markets closing higher after some turbulence for Shanghai, Tokyo and Seoul. Sydney closed up 1 per cent.

European indexes are also higher, led by Frankfurt and Paris which are almost 1.5 per cent higher in morning trade. Mining stocks are weighing those as commodity prices continue their weakness.

Toronto and Wall Street are expected to open higher.
 
  Latest 1 month ago 1 year ago
 
North America (previous session)
US Dow Jones 17,528.27 (-0.14 per cent) -1.60 per cent -2.78 per cent
TSX Composite 13,309.80 (+0.19 per cent) -0.70 per cent -8.89 per cent
 
Europe (at 6.00am ET)
UK FTSE 6,274.50 (+0.32 per cent) -1.00 per cent -5.07 per cent
German DAX 10,816.28 (+1.52 per cent) -4.23 per cent +8.96 per cent
 
Asia (at close)
China CSI 300 3,761.88 (+0.92 per cent) +5.76 per cent +8.87 per cent
Japan Nikkei 18,982.23 (+0.58 per cent) -4.53 per cent +7.06 per cent
 
Other Data (at 6.00am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
36.73
(+0.30 per cent)
36.94
(+0.35 per cent)
1069.10
(+0.07 per cent)
U$0.7180
 
Aus. Dollar
U$0.7270

World’s richest are slightly less rich now
As the year draws to a close the world’s 400 richest people have lost $19 billion this year according to data from Bloomberg. Its Billionaires Index shows that Mexican telecoms magnate Carlos Slim dropped $20 billion with Warren Buffet shedding $11.3 billion and the world’s richest man Bill Gates losing $3 billion during 2015. Those doing better this year include Amazon’s Jeff Bezos whose personal fortune more than doubled to $59 billion.