Chinese services PMI

Concern about World Growth and Fed Tightening Still Weighing on Stocks

October 8, 2014

Equities in the Pacific Rim closed down 1.2% in Japan, 1.5% in Indonesia, 1.0% in Taiwan, 0.7% in Hong Kong and 0.8% in Australia.  The reopened Chinese market after a week’s closure rose 1.1%, but that’s the exception.  Stocks in Europe are down by 0.9% in Switzerland, 0.8% in Germany, 0.7% in France, 0.6% in […] More

Persistent Fears about Ukraine Crisis Weaken Equities

May 7, 2014

Investors are tired of the America’s speak-loudly-but-carry-a-small-stick approach to the Ukraine crisis and other geopolitical hotspots, and frustration has been vented on equities, which also have been hurt by uninspiring corporate earnings this season.  Japan’s Nikkei tumbled 2.9%.  Equity losses elsewhere amount to 1.1% in Hong Kong, 1.0% in South Korea and Italy, 0.9% in […] More