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World Markets Today 04/07/2018

posted onJuly 4, 2018
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Asian markets closed in negative territory on Wednesday, amid elevated tensions between Washington and Beijing.  At the end of the trading week, the U.S. is set to impose tariffs on $34 billion worth of Chinese goods while China is expected to respond with charges of its own that willtarget the same value of U.S. goods. The Australian market closed lower with financials leading the losses.

European markets closed mostly in the red  as geopolitical nerves rippled across the region.
Tech stocks led the losses, down more than 1 percent.On the data front, Germany services PMI rose to 4-month high, eurozone service sector expanded to 4-month high in June and UK service sector picked up in June

Across the Atlantic, Wall Street was shut for the Independence Day holiday. 
 

World Markets Headlines Today 

ASIA/PACIFIC
Hong Kong shares slide at midday as trade tariff deadline looms (Nikkei Asian Review)
India: Sensex gains 90 points, Nifty above 10720, MidCap stocks underperform
Australia: Trade tensions hit stocks (Australian Business Review)

EUROPE
European Shares Seen Subdued As US Tariff Deadline Looms (RTT News)
European markets edge lower as trade war concerns weigh on tech; Danske Bank slips 3% (CNBC)
European markets are lower today with shares in Germany off the most (CNN Money)

COMMODITIES
Gold prices rebound to one-week high amid trade tensions, Oil prices climb on tightening US market (Reuters)

25 Major Markets Stock Indices Closing Data  WORLD 25 MAJOR MARKETS
All Continents Stock Indices Closing Data

ASIA/PACIFIC
Tokyo's Nikkei 225 fell 0.31%. China's Shanghai Composite dropped 0.94%. Seoul's KOSPI was down 0.32%. Mumbai's Sensex increased 0.75% while Nifty 50 was higher by 0.65%. Australia's ASX200 was off 0.43%. Singapore's STI finished 0.25% in the green. Jakarta's Composite was up 1.77% and Taiwan's Weighted Index ticked up 0.06%.

EUROPE
The Paneuropean STOXX600 rose 0.06%. France's CAC increased 0.07%. London's FTSE was off 0.27%. Belgium's BEL 20 was up 0.13%. Amsterdam's AEX fell 0.15%. Moscow's IMOEX grew 0.10%. In Southern Europe, Lisbon's PSI20 advanced 0.50% while Spain's IBEX 35 added 1.00% and Italy's FTSE MIB moved downward 0.36%. In Scandinavia, Stockholm's OMXS30 was down 1.04% while Copenhagen's OMXC25 increased 0.06%. Helsinki's OMXHPI finished the day 0.45% in the hole.

In Central Eastern Europe, Budapest's BUX was up 1.09% while Warsaw's WIG grew 0.97%. Prague's PX advanced 0.14% and Bratislava's SAX was higher by 0.57%. Tallinn's OMXT was up 0.16% while Riga's OMXR was down 0.37%. In Vilnius, the OMXV ticked up 0.04%.

In South Eastern Europe, Bucharest's BET was down 0.54% while Sofia's Sofix increased 0.61%. Belgrade's Belex 15 lost 0.04%. Podgorica's MNSE10 decreased 0.27%.  while 
Sarajevo's SASEX gained 0.35% and Banja Luka's BIRS moved downward 0.15%. Ljubljana's SBI Top rose 1.00%. Zagreb's CROBEX was down 0.26%. In Skopje, the MBI10 was off 0.89%. Istanbul's BIST100 was higher by 0.66%. In Athens, the General Index finished the day 0.20% in the hole while in Nicosia fell 0.33%.

AFRICA
Dar Es Salaam's ASI gained 0.24%. Johannesburg's ASI rose 0.19% and Egypt's EGX30 fell 0.68%. Lusaka's ASI grew 0.13%. Nigeria's ASI lost 0.28% while Mauritius' SEMDEX was down 0.24%. Uganda's ASI decreased 0.43%. Tunisia's Tunidex was up 0.08%.