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Shares began week in pessimistic mood: Market News
Shares began this week with pessimistic mood, while investors are getting ready to key meetings of a few largest central banks in the world. Mining companies as well as food and beverages producers were the biggest losers of Stoxx Europe 600.
Shares began this week with pessimistic mood, while investors are getting ready to key meetings of a few largest central banks in the world.
Mining companies as well as food and beverages producers were the biggest losers of Stoxx Europe 600 that lost 0,3%. Euro grew 0,2% to $1,1682. British pound lost 0,1% and costs $1,3121.
Futures of S&P 500, Dow and Nasdaq will most likely open lower after dropp at most Asian markets. S&P 500 lost 0,1% so far.
Most metals fell amid continued worries about trade war and China's economy. Copper price lost 1,3% to $6215,50 per ton and LMEX index of six industrial might show the worst month in two years. WTI oil gained 1% to $69,39 per barrel. Gold price slid to $1221,77 per ounce.
Emerging markets' shares fell with MSCI index declining by 0,2%, while their currencies are stable.
US Treasuries fell together with European bonds. US bonds yield is 2,98%, German 10-year bonds yield is 0,44%, British 10-year bonds yield is 1,282%.