World stocks mixed following Fed, Oil lower again... Canadian autoworkers union approves strike mandate...
World stocks mixed following Fed, Oil lower again
Asian and European markets have been reacting to Friday’s speech from Fed in which chair Janet Yellen suggested that conditions are moving towards interest rate increases.
Asian markets closed mostly lower but Japan was the outlier as the yen weakened against the greenback. Comments by the BoJ governor at the weekend also boosted the Nikkei; Haruhiko Kuroda said that further monetary stimulus would be approved following weak inflation data last week.
European markets are trending lower on the Fed and also further decline for oil prices which have been impacted by a stronger dollar and increasing output from Iraq.
Wall Street and Toronto are expected to open flat.
Canadian autoworkers union approves strike mandate
The union which represents most Canadian autoworkers voted Sunday for a strike mandate which could see 20,000 workers at Ford and Fiat Chrysler walk out.
Unifor wants the manufacturers to invest more in Ontario’s auto industry and is pushing for new terms when the existing agreement ends on September 19.
Asian and European markets have been reacting to Friday’s speech from Fed in which chair Janet Yellen suggested that conditions are moving towards interest rate increases.
Asian markets closed mostly lower but Japan was the outlier as the yen weakened against the greenback. Comments by the BoJ governor at the weekend also boosted the Nikkei; Haruhiko Kuroda said that further monetary stimulus would be approved following weak inflation data last week.
European markets are trending lower on the Fed and also further decline for oil prices which have been impacted by a stronger dollar and increasing output from Iraq.
Wall Street and Toronto are expected to open flat.
| Latest | 1 month ago | 1 year ago | |
| North America (previous session) |
|||
| US Dow Jones | 18,395.40 (-0.29 per cent) | -0.20 per cent | +10.53 per cent |
| TSX Composite | 14,639.88 (+0.06 per cent) | +0.39 per cent | +5.59 per cent |
| Europe (at 4.30am ET) |
|||
| UK FTSE | 6,838.05 (+0.31 per cent) | +1.69 per cent | +9.44 per cent |
| German DAX | 10,527.73 (-0.57 per cent) | +1.84 per cent | +2.23 per cent |
| Asia (at close) |
|||
| China CSI 300 | 3,307.78 (-0.02 per cent) | +3.24 per cent | -1.03 per cent |
| Japan Nikkei | 16,737.49 (-2.30 per cent) | +1.02 per cent | -12.54 per cent |
| Other Data (at 2.30am ET) |
|||
| Oil (Brent) | Oil (WTI) | Gold | Can. Dollar |
| 49.18 (-1.48 per cent) |
46.95 (-1.45 per cent) |
1322.70 (-0.24 per cent) |
U$0.7692 |
| Aus. Dollar |
|||
| U$0.7556 | |||
Canadian autoworkers union approves strike mandate
The union which represents most Canadian autoworkers voted Sunday for a strike mandate which could see 20,000 workers at Ford and Fiat Chrysler walk out.
Unifor wants the manufacturers to invest more in Ontario’s auto industry and is pushing for new terms when the existing agreement ends on September 19.
