Weak equity sessions on Monday: Market Summary
· Market News · MarketsFN Team
Asian session was quite negative for equities as it closed in negative territory. In Hong Kong the Hang Seng closed at 18,794.13, down 0.51% while in mainland China the Shanghai Composite retraced by 1.48% to 3,150.62. The Nikkei225 did better and slid only by 0.25% to 32,698.81.
in Europe both DAX and Eurostoxx50 are losing half percentage point and in UK the FTSE100 is down 0.58% to 4,249.75.
In the FX market the US dollar is a bit weak, especially versus NZD, with NZD/USD up 0.4% and against the Yen. USD/JPY trading down by 0.41% to 143.12. EUR/USD unchanged at 1.0897.
Crude Oil WTI trading below 70$/barrel at 69.27 while XAUUSD is trying to recover after had reached a 3 month low on Friday. The commodity is trading at 1,941.3, up 0.61%.
US Futures trading suggesting a moderate opening in negative territory for spot indices.
Bitcoin trading at 30, 338 , down 1.2% and Ether down 1.44% at 1,889.55