Mixed activity on world stock markets... Risks for Eurozone says ECB report...
Mixed activity on world stock markets
Activity on world markets is mixed so far Thursday as analysts and investors weigh US data from the previous session, including Fed minutes which support an interest rate rise in December.
Commodity prices are relatively stable and the US dollar has gained, helping stocks of exporters in other countries.
Asian markets closed mixed with Japan gaining on the weaker yen, Shanghai was also up, while Hong Kong and Seoul closed lower. Sydney’s ASX was flat.
In Europe, indexes are trending higher with the FTSE in London lower as investors digest yesterday’s autumn statement by the finance minister.
Wall Street is closed for Thanksgiving. Toronto is expected to open higher.
Risks for Eurozone says ECB report
The European Central Bank has released a biannual report Thursday in which it warns of economic uncertainty increasing risk to the bloc’s financial stability.
While Brexit is the headline-grabber, there are clear divisions across many European countries with far-right parties gaining support in member states including France and Germany.
However, the US presidential election has also added risk to the Eurozone. The bank’s report states: "The financial stability implications for the euro area stemming from changes in U.S. economic policies are highly uncertain at this point in time.”
Activity on world markets is mixed so far Thursday as analysts and investors weigh US data from the previous session, including Fed minutes which support an interest rate rise in December.
Commodity prices are relatively stable and the US dollar has gained, helping stocks of exporters in other countries.
Asian markets closed mixed with Japan gaining on the weaker yen, Shanghai was also up, while Hong Kong and Seoul closed lower. Sydney’s ASX was flat.
In Europe, indexes are trending higher with the FTSE in London lower as investors digest yesterday’s autumn statement by the finance minister.
Wall Street is closed for Thanksgiving. Toronto is expected to open higher.
| Latest | 1 month ago | 1 year ago | |
| North America (previous session) |
|||
| US Dow Jones | 19,083.18 (+0.31 per cent) | +5.17 per cent | +7.25 per cent |
| TSX Composite | 15,080.91 (-0.13 per cent) | +1.06 per cent | +12.48 per cent |
| Europe (at 4.30am ET) |
|||
| UK FTSE | 6,811.71 (-0.09 per cent) | -2.50 per cent | +8.51 per cent |
| German DAX | 10,688.27 (+0.24 per cent) | -0.68 per cent | -2.25 per cent |
| Asia (at close) |
|||
| China CSI 300 | 3,488.74 (+0.40 per cent) | +3.60 per cent | -7.06 per cent |
| Japan Nikkei | 18,333.41 (+0.94 per cent) | +6.69 per cent | -7.78 per cent |
| Other Data (at 2.30am ET) |
|||
| Oil (Brent) | Oil (WTI) | Gold | Can. Dollar |
| 49.07 (+0.25 per cent) |
48.09 (+0.27 per cent) |
1187.80 (-0.13 per cent) |
U$0.7406 |
| Aus. Dollar |
|||
| U$0.7395 | |||
Risks for Eurozone says ECB report
The European Central Bank has released a biannual report Thursday in which it warns of economic uncertainty increasing risk to the bloc’s financial stability.
While Brexit is the headline-grabber, there are clear divisions across many European countries with far-right parties gaining support in member states including France and Germany.
However, the US presidential election has also added risk to the Eurozone. The bank’s report states: "The financial stability implications for the euro area stemming from changes in U.S. economic policies are highly uncertain at this point in time.”
