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Entrepreneur
Kurra Bewarse
Username: Entrepreneur

Post Number: 3416
Registered: 05-2011

Rating: N/A
Votes: 0

Posted on Monday, March 08, 2021 - 7:36 am:   

Monday - World Market Status

World markets - MIXED to kick off to the new week.

1. The global equity markets are mixed in early trade. S&P Futures have seen a steady grind lower.


2. In Asia, the major markets saw declines across the board.

3. In China, the Shanghai lost over 2% despite seeing February export data rising 60.6%. This represented the highest surge in over 20 years.

4. In Japan, the Nikkei lost 0.4% of ground. Heavyweights paced the way lower with Softbank and Fast Retailing dropping around 2%.


5. In Europe, the major bourses are trading counter to that of the US and Asia. Travel-related stocks are leading a rebound with names such as Lufthansa and Carnival rising over 3%. Pearson is also trading 3% higher after reporting a small bottom-line beat and in-line guidance.

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