Friday, August 21, 2015

World stock markets fall back on bad data from China and the instability of Greece – lanacion.com (Argentina)

today Asian stocks suffered sharp declines across the board following the release of new data on the activity of the Chinese industry, which exacerbated concerns about the progress of the second world economy.

A way to drag the fall of Wall Street yesterday, losses deepened and spread throughout Asia, as close to a stirred by the ups and downs of the markets of China week.

In Thus, regional economies are still trying to adjust to the new situation created by the devaluation of the yuan, according to a cable from the EFE news agency.

The bulkier collapse the star of the day, once again, Chinese stocks, as the Shanghai Composite Index, the benchmark in the country, today collapsed 4.27%; Shenzhen and other 5.42%.

The uncertainty generated around the second world economy took its toll on the Tokyo Stock Exchange, where the Nikkei index sank nearly 2.98% and recorded its fourth consecutive decline that was also the second highest of the year.

In Hong Kong, the benchmark Hang Seng kick was more modest at 1.53%, but added to the losses that had accumulated in the previous five and took it to its lowest price in the last fifteen months since May 2014 conference.

Seoul Stock Exchange also accused today a sharp drop of 2.01%, although their If the background concern about China was overshadowed by the new episode of tension between the two Koreas.

Meanwhile, European stock markets also showed a negative trend and Frankfurt, London, Milan, Paris and Lisbon began the strong corrective session, in which doubts about the second world economy overlap with the concerns about the future of Greece following the resignation of his prime minister, Alexis Tsipras.

While continuing mystery about rise when interest rates the Federal Reserve (Fed) of the United States, a measure that impact the monetary policy that has been maintained since the 2008 financial crisis, the markets remain on edge the news from China. .

LikeTweet

No comments:

Post a Comment