MTS News

MTS Futures News_PM_20180903

3 Sep 2018

· European stocks were slightly lower Monday morning, amid heightened concerns of an escalating trade war between the world's two largest economies.

The pan-European Stoxx 600 was down around 0.1 percent during early morning deals, with most sectors and major bourses in negative territory.

• Asian stocks dropped for the third consecutive session on Monday, hit by worries over further escalation of the U.S-China trade war and unstable emerging market currencies.

MSCI's broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) fell 0.7 percent while Japan's Nikkei <.N225> shed 0.6 percent though trade could be subdued due to a U.S. market holiday on Monday.

• Japan’s Nikkei fell on Monday as renewed trade worries hurt sentiment, while Renesas Electronics tumbled on concerns about how it would finance its plan to purchase a U.S. chipmaker.

The Nikkei share average shed 0.7 percent to 22,707.38.

• Chinese stocks fell on Monday as a private survey showed China’s manufacturing growth slowed to a 14-month low in August, and as the threat of new tariffs on $200 billion of Chinese exports to the United States brought trade war fears back into focus.

At the close, the Shanghai Composite index was down 4.51 points or 0.2 percent at 2,725.25.

Reference: Reuters, CNBC

MTS Help Center

MTS News

MTS Futures News_PM_20180903

Hot Line