Free Trial

The main takeaway from Monday's early........>

STOCKS
STOCKS: The main takeaway from Monday's early dealing was the heavy start for
Chinese stocks in lieu of the latest round of combative U.S.-China trade
rhetoric. - The CSI 300 shed 1.1%, while the Shanghai Composite is last printing
at levels that would mark the benchmark's lowest close since 2014. The latest
round of PBOC MLF operations did little to support the space. 
- The Hang Seng also struggled on the back of the trade war headlines from the
weekend. In other news a typhoon battered Hong Kong over the weekend, but
markets remained open on Monday, although the effects of the extreme weather
will have weighed on sentiment.
- The Japanese markets were closed as the country observed a market holiday.
- The ASX200 added 0.2% as utilities and financials led the way higher, while
health care provided the largest drag.
- U.S. index futures registered modest losses.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.