Shares began week in pessimistic mood: Market News

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Shares began week in pessimistic mood: Market News

July 30, 2018 - 12:30
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Shares began this week with pessimistic mood, while investors are getting ready to key meetings of a few largest central banks in the world. Mining companies as well as food and beverages producers were the biggest losers of Stoxx Europe 600.

Photo © Gerd Altmann, CC0 1.0

Shares began this week with pessimistic mood, while investors are getting ready to key meetings of a few largest central banks in the world.

Mining companies as well as food and beverages producers were the biggest losers of Stoxx Europe 600 that lost 0,3%. Euro grew 0,2% to $1,1682. British pound lost 0,1% and costs $1,3121.

Futures of S&P 500, Dow and Nasdaq will most likely open lower after dropp at most Asian markets. S&P 500 lost 0,1% so far.

Most metals fell amid continued worries about trade war and China's economy. Copper price lost 1,3% to $6215,50 per ton and LMEX index of six industrial might show the worst month in two years. WTI oil gained 1% to $69,39 per barrel. Gold price slid to $1221,77 per ounce.

Emerging markets' shares fell with MSCI index declining by 0,2%, while their currencies are stable.

US Treasuries fell together with European bonds. US bonds yield is 2,98%, German 10-year bonds yield is 0,44%, British 10-year bonds yield is 1,282%.