Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Global stock markets of Europe's slide, China's dilemma

Seoul, South Korea (AP) - Global stock markets fell Monday as investors worried about the debt crisis in Europe, and insisted on by the slowdown worries China.
A group of pessimistic news dealt a blow to investors in Europe and China over the past few days, global economic growth forecast by the fragile emotions, the release of selling in the market.
Gradually increase the financial pressure on Spain to further Monday, to see the level of financial aid from other European countries, the country's key 10-year bond interest rate.
The euro fell against the yen near 12-year low against the U.S. dollar also lost ground, reflecting the continued suspicion of the persistence of the common European currency.
The early European trading, Britain's FTSE 100 fell 1.4 percent to 5,571.69 points, the French CAC 40 index fell 1.7 percent, to 3,318.33. Germany's DAX index fell 1.3 percent, at 6,544.24. Futures on Wall Street losses, with the Dow and S & P 500 futures were down 0.9 percent.
Last Friday, in Italy and Spain's stock dropped more than 4% and 5%, another Spanish region, said it may seek financial assistance from the government, increasing the lingering concerns about the debt crisis in Europe.
From the Chinese central bank adviser, China's economy may decline further in the third quarter forecast also deepened worries about the global economic slowdown. China's economic growth slowed to 7.6% in the second quarter of three years.
Japan's Nikkei Index fell 1.9 percent, to 8,508.32, Hang Seng sneaked into the 3 percent, to 19,053.47. China's Shanghai Composite Index fell 1.3 percent to 2,141.40.
South Korea's Kospi index fell 1.8 percent, to 1,789.44 and Taiwan's Taiex index fell 1.9 percent to 7,028.73 points. Australia's S & P / ASX 200 index was 1.7 percent, 4,128.90.
Investors are waiting for the industry leaders quarter financial results - from high-tech giants Apple, Amazon and Facebook, car manufacturers and energy companies from around the world.
Analysts said that the major Asian automotive and high-tech exporters expect strong earnings report later this week, but they are optimistic the report is likely to cast a shadow, which will make it increasingly serious exporters to maintain sales growth in the weak economic conditions.
Daishin Securities analyst "Samsung and Hyundai, Seoul is expected a strong second-quarter earnings report, its stock price fell due to external economic conditions, Sean said:" Oh,.
September delivery benchmark crude fell $ 2.61 to $ 89.23 a barrel in the New York Mercantile Exchange electronic trading.
Currency, the euro fell 0.4 percent to $ 1.211 and the Japanese currency fell 1 percent, the lowest since its the end of 2000, 94.46 yen. The dollar fell 0.5 percent to 78.07 yen.



Other News:
Global stock markets of Europe's slide, China's dilemma
Manchester city in friendly sink besitkas
Gunmen attack Iraq base, killing at least seven soldiers
In GuXing state, Texas to "Linsanity"
The eurozone OKS Spanish bank in aid
Didier drogba made Shanghai shenhua immediate effect
The eldest son of Pakistan's sacked prime minister has been elected to parliamen
China doubles loans to Africa to $20 billion