Japanese stock index Topix is ready to show the highest 4-day growth since November 2016, Bloomberg reports.
Shares of Pandora A/S grew in Copenhagen after it became known that private equity funds are considering the purchase of this Danish manufacturer of jewelry, Bloomberg reports.
On Tuesday China announced that it will have to react to new tariffs imposed by the US, Reuters reports.
Beijing's announcement came after President Trump “activated” 10% tariffs to $200 billion of goods from China, and promised to apply additional duties on $267 billion products, if Beijing takes countermeasures.
According to Bloomberg, global markets relatively ignored new escalation of trade conflict between the US and China.
Turkish lira has been falling for three days, as euphoria in regards to rate hike last week started to fade, Bloomberg reports. Now all attention turned to economic problems that Turkey faced.
Currency lost 1% relative to dollar. Lira demonstrates the biggest losses and the highest volatility among emerging markets’ currencies.
OPEC is concerned about threats to oil supply from large producers, such as Iran, Bloomberg reports referencing to official representatives of the organization.
US sanctions to sales from Iran, which is third largest OPEC's supplier, will take effect on November 4. However, export of Iranian oil is already declining.
Canada’s housing market continues demonstrating signs of stabilization, Bloomberg reports. In August sales were growing four months in a row, while prices are falling.
Number of deals grew 0,9% compared with July to 39366 units. Sales in the largest city, Toronto, gained 2,2%, in Vancouver 2,9%.
Workers in the richest countries in the world received the highest pay rise in decade, Bloomberg reports. This might help central banks to solve the problem that bothers them for a long time.
According to Bloomberg, by the middle of the day September'17 world shares fell today as investors are closely watching further developments in the trade conflict between the US and China. All-Country World Index MSCI lost 0,2%.
Sales of private homes in Singapore fell by 64% in August to the lowest level in six months, Bloomberg reports. It seems that governmental measures to cool country’s property market started to have effect.
UBS Group AG chose Frankfurt as its central base in European Union after Brexit, Bloomberg reports. Bank started preparations to the worst scenario in case if the UK leaves EU without any agreement.
UK’s house prices showed some recovery in September due to signs of growing sales of expensive property in London, Bloomberg reports.
This month prices grew by 0,7%, which corresponds to the average number for September since 2011.
