Pages

Friday, 20 August 2021

Markets

  20 August,2021

• Global markets fell Friday as investor concern intensified about Delta variant cases and their impact on recovery.

• A new Chinese data-protection law underscored worries about a tech crackdown, weighing on stocks.

 • Oil prices extended their slide to a seventh day as COVID-19's spread fueled worries about demand.Oil prices traded lower as Brent crude futures fell 0.5% to trade at $66.13 per barrel, while US WTI crude futures fell 0.4% to trade at $63.45 a barrel
 • European markets were lower today. The Spanish Ibex Index fell 0.1% and STOXX Europe 600 Index fell 0.3%. The French CAC 40 Index declined 0.3%, London’s FTSE 100 fell 0.2% while German DAX 30 dropped 0.5%. German producer prices jumped 10.4% year-over-year in July following an 8.5% increase in the previous month. Retail sales volumes in the UK declined 2.5% in July, while the GfK consumer confidence index declined to -8 in August.
 • Asian markets traded lower today. Japan’s Nikkei 225 fell 0.98%, Hong Kong’s Hang Seng Index dropped 1.84%, while China’s Shanghai Composite Index fell 1.1%. Australia’s S&P/ASX 200 slipped 0.1% and India’s BSE Sensex fell 0.5%. Japanese consumer prices fell 0.3% from a year earlier in July, while food prices declined 0.6% year-over-year in July. The People's Bank of China held its benchmark loan prime rates.

Previous Day Market activity - livestock markets 19 August,2021