Stocks fall on China’s curves, growth risks; Oil up – markets wrap up

(Bloomberg) – The epidemic on Monday saw the slowdown in global markets and Chinese technology stocks under the control of Beijing.

A Hong Kong-based Chinese technology name company has fallen short of reports that authorities are planning to dismantle the ant company Alipine. China’s online platforms have also been told to protect workers’ rights in the so-called Big Economy. China’s stock market fluctuates, Japan slides

The future of the United States, which is cautious about reopening the challenges of the Delta virus, has struggled to win after last week’s S&P 500 defeat. Fuel has risen to about $ 70 per barrel and aluminum. Goldman Sachs Group Inc.

Treasury growth increases when traders evaluate inflation and the impact of the Federal Reserve stimulus on the timeline. This week’s update on U.S. consumer prices is debating whether high costs are temporary. The dollar has not changed much.

While vaccination releases are accelerating, the ongoing CVD-19 rally is undermining confidence in economic recovery and contributing to shock supply inflation. Key central banks are also approaching the threat of a financial crisis.

Disaster assets will continue to be active in the near future due to the Delta epidemic and summer supply cuts. However, Barley’s team said that the development of the virus will ultimately strengthen the prospects for growth and that it will be very careful to change the course.

Meanwhile, President Joe Biden faces a $ 3.5 trillion tax and expenditure plan challenge. Democrat Sen. Joe Manchin is skeptical of the timeline for pushing Binding’s economic agenda through Congress, and the proposed tax rates could increase.

In a recent survey, Patrick Hcker, president of the Federal Reserve Bank of Philadelphia, said he was “quick” to support a transition.

Elsewhere, North Korea has intensified tensions on the Korean Peninsula with missile tests. The winner was the weakest performer in the Asian basket. Traders were also monitoring the latest Covd-19 outbreak in China.

Epic Games Inc. in Key Company News By Apple Inc.

Here are some of the highlights this week:

OPEC Monthly Oil Market Report, Consumer Price Index Monday, Apple Product Launch Event Tuesday, China Retail Sales, Property Prices, Industrial Production, Wednesday

For more market analysis, read our MLIV blog.

Some major activities in the markets:

Stocks

In Tokyo, the S&P 500 futures rose 0.2% as of 12:05 p.m. S&P 500 to 0.8% Friday Nasdaq 100 contracts have not changed much. Nasdaq 100 falls 0.8% Japan Topics Index falls 0.2% Australian S and P / X 200 index 0.3% South Korea Cossi falls 0.1% Hong Kong Hang Sang Index 1.9% China Shanghai Integration Index fell 0.1%.

Currencies

The Japanese yen traded at $ 109.95. The beach Yuan was $ 6,4500. The Bloomberg Dollar spot index was fixed at 1. 1,1804.

Bonds

Australia’s 10-year bond yields fall by 1.33%

Commodities

West Texas Average crude was 0.6% to $ 70.13 a barrel and $ 1,790.49 a month.

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