European and Asian stocks lower, while Wall Street reached new records high
Wall Street reached record highs as investors moved into defensive sectors, and stock recovered from losses earlier in the session, shaking off the economic data out of China. USA30 rose 0.31%, while USA500 gained 0.26%. TECH100 dropped 0.2%.
Crude oil traded 1.8% lower at $66.94 a barrel.
Gold fell 0.1% to $1,777.60 per ounce.
Asia and Australia
Stocks were down, with investors waiting for the Chinese data to hint at a slowdown in economic growth.
HongKong45 was down 0.49%.
Japan225 traded 1.41% lower, even though the country’s GDP grew a better-than-expected 0.3% quarter-on-quarter.
Down under, Australia200 lost 0.40%. The country’s central bank is due to release the minutes of its latest meeting on Tuesday.
Markets traded mainly lower, as weak Chinese economic data pointed to a COVID-induced slowdown while geopolitical turmoil prompted caution. Germany30 traded 0.4% lower, and France40 fell 0.6%. UK100 dropped 0.8%.
Brent oil lost 1.6% to $69.45 a barrel.
EUR/USD traded lower at 1.1787.
Sources: investing.com, reuters.com
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.