Morning Briefing: Asian sell-off, Europe also weak

Morning Briefing: Asian sell-off, Europe also weak

Morning Briefing: Asian sell-off, Europe also weak Asian sell-off, Europe also weak
Tuesday’s stock trading has continued the sell-off which started on Wall Street in the previous session. Many Asian markets are still closed for Lunar New Year holidays but Tokyo was down sharply to close 5.40 per cent lower; Sydney lost almost 3 per cent.

The weak sentiment is also showing in Europe where concern about growth and US interest rates is never far from investors’ thoughts. Figures on German industrial output dipped 1.2 per cent month-over-month and Italian banks lost value on concern over bad loans.

Wall Street and Toronto are expected to open lower.
  Latest 1 month ago 1 year ago
North America (previous session)
US Dow Jones 16,027.05 (-1.10 per cent) -1.95 per cent -9.60 per cent
TSX Composite 12,535.40 (-1.79 per cent) +0.72 per cent -16.99 per cent
Europe (at 4.30am ET)
UK FTSE 5,727.13 (+0.66 per cent) -3.13 per cent -16.24 per cent
German DAX 9,012.74 (+0.37 per cent) -8.49 per cent -15.48 per cent
Asia (at close)
China CSI 300 2,963.79 (-0.70 per cent) -11.83 per cent -10.52 per cent
Japan Nikkei 16,085.44 (-5.40 per cent) -9.11 per cent -9.18 per cent
Other Data (at 5.00am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
(+1.16 per cent)
(+2.36 per cent)
(+0.77 per cent)
Aus. Dollar

Oil demand set to drop further says IEA
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