Investors were looking ahead to US consumer price index data for July on Wednesday
LONDON/SYDNEY – European stocks and US futures held steady on Monday, while the yen slipped as a holiday in Japan removed one source of recent volatility, and investors looked ahead to US and Chinese economic data.
Markets were calmer on Monday with Europe's STOXX 600 index down 0.1% after finishing last week 0.3% higher. Germany's DAX index was flat and Britain's FTSE 100 was up 0.3%. "The balance of risks is that policy has been too tight for too long. Now you're starting to see that show up in the labour market."
Data on Friday showed that leveraged funds – typically hedge funds and various types of money managers – closed their positions in the yen at the quickest rate since March 2011. Japanese markets were closed for a holiday on Monday, leading to a calm Asia session which saw MSCI's non-Japan Asia stock index tick 0.41% higher.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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