Bangkok (AP) - the global stock market Monday in trading mostly flat light, hope faded budget agreement by the end of this year will stop the "fiscal cliff."
Market has been at the edge of the President barack Obama and republican leaders debate: how to reduce the American government's budget deficit. The United States congress is expected to any court, until meet again after Christmas.
It is not clear how both sides reach an agreement, when set to automatic governments to cut back on spending and raise taxes to play, if not the deal is on January 1. These changes, worth hundreds of millions of billions of dollars, throw the world first economy back into the danger of a recession.
British rich 100 index rose 0.2% to 5910.12 point. French CAC - index fell 3660 micro.30. Wall Street will be low open, the dow Jones industrial average futures fell 0.5% to 13075 and the S&P 500 index futures fell 0.6% to 1417.60.
In Asia, Hong Kong's hang seng index is low open, into a positive, release after one and a half day rose 0.1%, to close at 22531.51.
South Korea's Kospi index rose less than 0.1% to 1981.82 point. Australia's S&P/ASX 200 index rose 0.3% to 4635.20 point, mainly in the back of the resources of the stocks rise.
Japan and Germany market for public holiday shut down. The stock market will be on Monday in the Christmas Eve, including in the United States, Australia and New Zealand.
In stocks, cathay Pacific airways rose 1.4%, to solve the labor disputes, after a few days in Hong Kong as the base of the airline stewardess. China's mining contractor McMahon holding fell 4.3%.
Last Friday gold prices help to the precious metal hook shares. In Hong Kong base, China's largest gold mining company, zijin mining group rose 2.4%. Australia's gold mineral Newcrest mining shares rose 1%.
February delivery benchmark crude oil futures prices fell 14 cents to $88.52 a barrel in electronic trading, the New York mercantile exchange.
Last Friday, investors take money out of the oil and other energy products, a sign that they expect the economic slowdown. February delivery contract fell $1.47, $88.66 a barrel in New York, in three weeks, the contract low.
In currency markets, the euro against the dollar rose $1.3176 to $1.3218 on Friday night in New York. Dollar rose to 84.42 yen, from 84.23 yen.
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