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Monday Blues: Delta, Kabul, Disappointing Chinese Data

From marctomarket.com

Overview: The spreading virus, the disappointing Chinese data, and the news that the Taliban have captured Kabul has dampened risk appetites. Equities have moved lower. Nearly all the major markets in the Asia Pacific region fell, but India, perhaps encouraged by a large infrastructure initiative unveiling yesterday. Note that South Korea's markets were closed, and the Kospi will have a seven-day losing streak in tow when it reopens tomorrow. Taiwan's Taiex fell for the eighth consecutive session today. Europe's Dow Jones Stoxx 600 is snapping a 10-day advance, while US futures indices are sporting small losses. The ... (full story)

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  • Category: Fundamental Analysis