Morning Briefing: Markets mainly positive after BoJ

Morning Briefing: Markets mainly positive after BoJ

Morning Briefing: Markets mainly positive after BoJ Markets mainly positive after BoJ

The Bank of Japan said it was sticking with its current monetary policy Friday following a 2-day meeting at the central bank.

Markets are generally positive with Asian indexes closing with narrow gains, except Shanghai.

In Europe, markets are trending higher amid regional corporate news and an as-expected hold steady for Eurozone inflation while core inflation edged higher. Politics remains in focus for the region with the fragile UK government due to begin Brexit negotiations with the EU next week.

Oil and gold prices edged higher overnight but remain subdued.

Wall Street and Toronto are expected to open higher. Canadian international securities data and US housing measures are due.
 

 

Latest

1 month ago

1 year ago

 

North America (previous session)

US Dow Jones

21,359.90 (-0.07 per cent)

+1.81 per cent

+20.45 per cent

TSX Composite

15,160.42 (-0.06 per cent)

-2.46 per cent

+9.21 per cent

 

Europe (at 5.00am ET)

UK FTSE

7,472.36 (+0.71 per cent)

-0.66 per cent

+25.58 per cent

German DAX

12,745.19 (+0.42 per cent)

-0.46 per cent

+33.45 per cent

 

Asia (at close)

China CSI 300

3,518.76 (-0.28 per cent)

+2.63 per cent

+13.70 per cent

Japan Nikkei

19,943.26 (+0.56 per cent)

+0.12 per cent

+29.22 per cent

 

Other Data (at 5.00am ET)

Oil (Brent)

Oil (WTI)

Gold

Can. Dollar

47.29

(+0.79 per cent)

44.69

(+0.52 per cent)

1257.40

(+0.22 per cent)

U$0.7536

 

Aus. Dollar

U$0.7607



Europe is reportedly going to hit Google with record fine

Google could be hit with a U$1.1 billion fine by the EU as officials prepare to give their decision on three antitrust cases.

Allegations against Google by the European Commission are that it abused its dominance in the search space in order to build its Google Shopping service and other services.

If officials conclude that Google has used an unfair advantage to grow its services outside of its core search engine, it could limit the company’s ability to grow some areas of its business in the EU.

The Financial Times says the combined fines could hit a new record, exceeding that levied on Intel in 2009.    

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