As Evergrande debt deadline approaches, markets react in a negative manner
The US
Wall Street ended the day in red, with indices suffering their biggest daily drop since May, as fear of the potential collapse of China’s Evergrande drove investors to safe-haven assets. USA30 fell 1.78%, while USA500 lost 1.70%. TECH100 traded 2.19% lower.
Crude oil slumped 1.3% to $70.88 a barrel.
Gold rose 0.1% to $1,752.95 pe ounce.
Asia and Australia
Markets were down as investors in the region continued to sell off shares amid concerns about China Evergrande Group’s debt situation.
Japan225 slid 1.83% as markets re-opened after a holiday. The Bank of Japan is due to hand down its policy decision on Wednesday.
Down under, Australia200 edged down 0.11%, with the country’s national bank releasing the minutes from its latest meeting.
HongKong45 fell 0.79%.
Europe
Stocks traded significantly lower at the beginning of the week amid concerns about the health of property giant Evergrande Group. Moreover, a US Federal Reserve meeting is approaching. Germany30 traded 2% lower, while France40 fell 1.9%. At the same time, UK100 dropped 1.3%.
Brent oil fell 0.8% to $74.72 per barrel.
EUR/USD traded at 1.1711 after it lost 0.1%.
Sources: investing.com, reuters.com
Gli utenti / lettori non dovrebbero fare affidamento esclusivamente sulle informazioni qui presentate e dovrebbero fare le proprie ricerche / analisi anche leggendo la ricerca reale sottostante. Il contenuto è generico e non tiene conto di circostanze personali individuali, esperienza di investimento o situazione finanziaria attuale.
Pertanto, Key Way Investments Ltd non accetta alcuna responsabilità per eventuali perdite di trader a causa dell'uso e del contenuto delle informazioni presentate nel presente documento. Le prestazioni passate e le previsioni non sono un indicatore affidabile dei risultati futuri.
