Asia starts another week in red

11 January, 2016

The Shanghai stock exchange has started the week on the back foot once again posting an over 5% decline as investors continue to fret over a number of issues facing investors in Chinese stocks. Asian economies are slowing, in particular China as evidenced once again over the week end and it’s how the authorities go about dealing with this that is spooking the markets. Whilst they may have plenty of tools at their disposal they are faced with a two pronged problem of pursuing both economic and market reform agendas. Global stock markets have had a terrible start to 2016 with the Dow in the US having its worst January start since the index was formed. This morning European indices are expected to continue in their poor vein of form with the FTSE 100 due to open below the 5900 level and so to the downside all eyes will be on the 5870 and then the 5770 level which was the low formed during last August’s falls in equity markets.

The economic calendar is quiet today but a focus will be on the Bank of England this Thursday especially since a great deal of bearish sentiment has emerged in respect to the UK economy, with even the Chancellor warning of storm clouds ahead. GBPUSD has been a one way ticket lower ever since it broke below the 1.5000 level.


Source link  
Dow recovers after 500 points decline

Stocks closed higher Monday as major indexes bounced back from earlier losses as renewed confidence in the strength of the U.S. economy offset lingering...

Pound rallied, stocks declined

The U.K. main stock index closed lower Thursday, weighed down by weakness for resource stocks and banks and a strong pound as the outline of a key agreement...

Oil slips as U.S. inventories swelled

Oil prices slipped on Thursday after U.S. crude inventories swelled to their highest level since December 2017 amid concerns of an emerging global glut, although...


Crude's Collapse Is Sending Shockwaves

Investors have gone from contemplating the prospect of oil at $100 to sub-$50 in less than two months. No wonder global markets are playing catch-up....

Dollar growth pushed down stock indices

Monday was a hard day for the financial markets. American DJI lost more than 2.3% and S&P500 decreased by 2.0%. As in previous weeks, the main pressure...

U.S. stocks recover after elections

Preliminary estimates of the U.S. election results support a positive mood on the world markets, reducing the demand for protective assets and causing...


Cautious mood has returned to stocks

American markets ended trading on Wednesday with a slight increase. Asian bourses also experienced growth at the opening, but it was quickly...

Emerging markets rebound seems over

Asian markets have turned to a decline with a renewed force. After the rebound of last week, the index MSCI Asia ex Japan loses 1.2% and is only...

Rebound in Asian markets intensifies

On Friday morning, the demand for risks on the Asian bourses continues to recover. MSCI for Asia ex Japan is adding more than 1.2% this morning, having...


In the past 24 hours Bitcoin has lost -1.79% and reached $3432.18080328. Open your trading account with the best cryptocurrency brokers on special terms today.

In the past 7 days the EUR/USD pair has lost -0.4129% and is now at $1.1327. Start trading and making money on Forex today.

In the past 7 days Ethereum has lost -17.6% and is now at $89.2591601382. Have the most popular cryptocurrencies compared online 24/7.


Top Brokers offering Daily Forex Market Reviews


Forex Currencies Forecasts


Top 10 Forex Brokers 2018

# Broker Review
1easyMarketseasyMarkets92%
2FXTMFXTM88%
3HYCMHYCM87%
4Alfa-ForexAlfa-Forex86%
5FxProFxPro85%
6FIBO GroupFIBO Group84%
7OctaFXOctaFX83%
8HotForexHotForex82%
9AvaTradeAvaTrade80%
10FXCMFXCM78%
  


Share: