Investors are now also concerned about softer manufacturing activities and weaker commodity and
Chinese equity prices.
Not exact matches
Investors are well aware of this and appear to have
priced into
Chinese equities a recession in Europe, a development we expect as well.
Weak
Chinese manufacturing data — coupled with plunging commodity
prices — have sent
equity markets around the world into flux.
Keep a very close on the
Chinese equity markets and
price of Crude Oil.
Was it the
equity rout in
Chinese shares that has accelerated the commodity
price decline?
All markets will continue to focus on the volatility in the
equity and bond markets, geopolitical events, developments with the Trump Administration, corporate earnings, oil
prices, and will turn to this afternoon's Commitment of Traders Report, followed by reports Monday on
Chinese PMI, German CPI and Retail Sales, US Personal Income, Personal Spending, PCE, Chicago PMI, Pending Home Sales, and the Dallas Fed's Manufacturing Index for near term direction.
Though
Chinese share
prices are still up YTD and are among the best performing
equity markets globally, the rate and severity of the decline has almost everyone shedding commodity exposure.
All markets will continue to focus on the volatility in the
equity and bond markets, geopolitical events, developments with the Trump Administration, corporate earnings, oil
prices, and will turn to earnings from Apple after the bell today, and reports tomorrow on Japanese PMI,
Chinese Caixin PMI, Eurozone GDP, PMI, Unemployment, US MBA Mortgage Applications, ADP Employment Change, Oil Inventories, and the FOMC Meeting Statement for near term direction.
Chinese private
equity firms will accelerate efforts to buy into Australian mining assets and companies over the next 12 months, hunting for bargains in a sector reeling from plunging commodity
prices.
The fall in
equity market
prices following the August
Chinese market correction has given bond
prices a lift.
Though, for all the drama of this month, attributable to the drop in oil
prices -LRB--24 % YTD), weakness in the
Chinese economy, and a major sell - off in
equities, bond returns look relatively stable.
Though, for all the drama of this month, attributable to the drop in oil
prices -LRB--24 % YTD), weakness in the
Chinese economy, and a major sell - off in
equities, bond returns Read more -LSB-...]