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Global shares sell off continues: Market News
Global shares sell off continues under pressure of growing trade tensions between largest economies in the world. Safe haven investment, yen, rises. Oil price went up after US took further steps on Iran sanctions. Stoxx Europe 600 Index fell to the lowest level in 11 weeks.
Global shares sell off continues under pressure of growing trade tensions between largest economies in the world. Safe haven investment, yen, rises. Oil price went up after US took further steps on Iran sanctions.
Stoxx Europe 600 Index fell less than 0,05% to the lowest level in 11 weeks. Deutsche Bank AG shares dropped to record low level. British FTSE gained 0,1%.
US Treasuries grew along with major European bonds. Yield of 10-year US bonds is 2,85% today. Yields of German and British bonds 0,32% and 1,267% respectively.
Emerging Markets Index of MSCI dropped by 0,7% to the lowest level in 10 months as all indexes from South Africa to India declined.
Euro lost 0,1% to $1,164. Japanese yen gained 0,2% and costs 109,88 per dollar.
Brent oil price grew by 0,5% to $76,72 a barrel. Price of gold slipped to $1258,05 per ounce. LME copper costs $6710,50 per ton.