ECB Meeting Archives - The Industry Spread

Equities Gain on Chinese Tariff Developments ahead of ECB Meeting

September 12, 2019

Global equity markets are seeing positive price action today on the latest update from China. The Chinese government today made an announcement in which it had exempted several goods imported from the US from its tariff list which helped ease investors caution surrounding trade war between two nations. It also boosted expectations of trade talks between two nations albeit no concrete developments hinting at the date of the meeting had been made public by either party so far. While most major Asian benchmark indices and equities including Hong Kong market saw positive price action, the Shanghai market and major indices from the Shanghai stock exchange saw a loss for the second consecutive trading session today.

Equities Mixed as Investors Turn Cautious Ahead of ECB Meeting

September 11, 2019

Global equity market is seeing mixed activity on cues from respective local markets. In Asian market hours, Japan and Singapore markets saw positive price action while China and Australian stocks declined sharply owing to an unexpectedly steep decline in factory gate price update from China. However, the loss was contained as Chinese CPI and PPI data which the markets saw had positive readings. Easing trade war woes also helped provide some level of positive influence to market bulls.