Asian markets have risen today despite a slowdown in manufacturing in China. Though this sort of information would normally be taken poorly by investors, many are speculating that the Chinese government will enact stimulus in order to combat slower growth. Thus, many equities actually climbed in response to this information. Furthermore, the weakening yen has helped Japanese markets climb as export income fro Japanese firms increases. All in all, the Nikkei ended higher by 0.34%, the Hang Seng rose by 0.04%, and the ASX 200 went up 0.07%.
European markets are currently down as a result of tension in Eastern Europe. Recently, European governments have threatened Russia with further sanctions after the the ladder placed troops in the Ukraine. As long as the standoff continues, European equities may remain under downward pressure. In addition, many investors are waiting for the results of this week’s ECB meeting. Many are hoping the central bank will enact stimulus measures to aid the Eurozone’s recovery. Currently, the Stoxx 50 is down 0.23%, the FTSE 100 is down 0.07%, and the DAX is down 0.18%.
September 1, 2014 – Indices News
Note: US markets are closed for labor day.
Asian markets have risen today despite a slowdown in manufacturing in China. Though this sort of information would normally be taken poorly by investors, many are speculating that the Chinese government will enact stimulus in order to combat slower growth. Thus, many equities actually climbed in response to this information. Furthermore, the weakening yen has helped Japanese markets climb as export income fro Japanese firms increases. All in all, the Nikkei ended higher by 0.34%, the Hang Seng rose by 0.04%, and the ASX 200 went up 0.07%.
European markets are currently down as a result of tension in Eastern Europe. Recently, European governments have threatened Russia with further sanctions after the the ladder placed troops in the Ukraine. As long as the standoff continues, European equities may remain under downward pressure. In addition, many investors are waiting for the results of this week’s ECB meeting. Many are hoping the central bank will enact stimulus measures to aid the Eurozone’s recovery. Currently, the Stoxx 50 is down 0.23%, the FTSE 100 is down 0.07%, and the DAX is down 0.18%.
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