Morning Briefing: Markets mixed on regional matters, oil slump

Markets mixed on regional matters, oil slump... Aircraft manufacturing demand set to take off...

Morning Briefing: Markets mixed on regional matters, oil slump
Steve Randall
Markets mixed on regional matters, oil slump

Equity markets are mixed so far Tuesday as investors wait to see if China’s mainland stocks will be included on the MSCI index of emerging markets; and politics takes centre stage in Europe and Brexit talks enter their second day.

Oil prices have slumped overnight with a near-2-per cent drop for US crude and the international benchmark Brent. Concerns over the global supply glut are intensifying.

Asian indexes closed mixed with Sydney among the weakest markets and Tokyo the strongest.

European indexes are generally trending higher.

Wall Street and Toronto are expected to open flat. Canadian wholesale sales data is due.
 

 

Latest

1 month ago

1 year ago

 

North America (previous session)

US Dow Jones

21,528.99 (+0.68 per cent)

+3.48 per cent

+20.92 per cent

TSX Composite

15,266.04 (+0.48 per cent)

-1.24 per cent

+8.93 per cent

 

Europe (at 5.00am ET)

UK FTSE

7,527.61 (+0.05 per cent)

+0.76 per cent

+21.33 per cent

German DAX

12,932.42 (+0.34 per cent)

+2.32 per cent

+29.82 per cent

 

Asia (at close)

China CSI 300

3,546.49 (-0.20 per cent)

+4.19 per cent

+13.94 per cent

Japan Nikkei

20,230.41 (+0.81 per cent)

+3.27 per cent

+26.71 per cent

 

Other Data (at 5.00am ET)

Oil (Brent)

Oil (WTI)

Gold

Can. Dollar

45.99

(-1.96 per cent)

43.40

(-1.81 per cent)

1248.40

(+0.14 per cent)

U$0.7549

 

Aus. Dollar

U$0.7611



Aircraft manufacturing demand set to take off

Bombardier should benefit from increased demand for passenger and freight aircraft in the next 20 years, if a forecast from rival Boeing is accurate.

Boeing’s rolling 20-year forecast has been updated to show a 4 per cent rise in the market to $8.5 trillion over the next two decades.

However, it’s not all good news as the report says that currently demand is slowing following a period of high-demand.

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