*Trade worry drives stock lower *Gold Moved Higher
Stocks
- The S&P 500 Index suffered from decent losses and fell by 1.32% as of 15:14 London time; the Nasdaq 100 dropped 1.56%.
- The Stoxx Europe 600 Index reacted to feeble German manufacturing data and lost 1.50% of its value.
- The U.K.’s FTSE 100 Index remained volatile and declined by 1.54%.
- The MSCI Emerging Market Index dropped 1.5% touching the 19-week low.
Currencies
- The Dollar Spot Index moved jumped higher despite weak jobs data and soared 0.10%.
- The Euro continued to suffer from losses and dropped by 0.11% to $1.1145.
- The British pound stayed below the critical level of 1.27 while Theresa May’s job remains under threat. The sterling-dollar pair gained 0.20% to $1.2649.
- The Japanese yen, the safe haven is out of demand today and lost 0.51% to 110.53 per dollar.
Bonds
- The yield on 10-year Treasuries dropped by five basis point to 2.33%.
- Germany’s 10-year yield decreased by three basis point to -0.12%.
- Britain’s 10-year yield dipped by six basis points 0.954%.
Commodities
- Gold price moved higher by 0.70% to $1,283 an ounce.
- West Texas continued its downtrend and lost nearly 5.18% to $58.22 a barrel.
Back
Load more
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.