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World exchanges are in red: Market News
According to Bloomberg, exchanges across the globe are in red today. European and American shares followed in its fall after Asian stocks at the beginning of important week for global trade. World MCSI Index lost 0,5%. Emerging Markets MSCI Index declined by 0,9%.
According to Bloomberg, exchanges across the globe are in red today. European and American shares followed in its fall after Asian stocks at the beginning of important week for global trade. World MCSI Index lost 0,5%. Emerging Markets MSCI Index declined by 0,9%.
More than 500 companies of Stoxx Europe 600 Index showed losses today. Index itself fell by 0,9%. Among largest losers are mining companies. Bloomberg Commodity Index decreased by 0,5%. LME copper declined by 0,6% and costs $6583 a ton.
Futures of S&P 500, Nasdaq and Dow dropped. S&P 500 went down by 0,6%. WTI oil declined after President Trump’s request to increase production. Its price now below $74 a barrel.
Political risks caused euro and pound fall to $1,164 and $1,3156 respectively. Bloomberg Dollar Index gained 0,3%.
Chinese yuan showed its biggest loss since devaluation of the currency in August 2015.
Price of gold declined to $1249,02 per ounce.