Global stocks are mixed as data show China’s economy slowing further – MSN

From Google: 2024-09-16 07:09:29

Global stocks are mixed as data show China’s economy slowing down. Economic indicators suggest that China’s economy is weakening due to factors such as tighter credit conditions and restrictions on property speculation.

US stocks struggle as investors are cautious ahead of the release of the Federal Reserve’s minutes from its June meeting. The Fed’s decisions on interest rates and monetary policy are closely watched by investors for clues on future economic conditions.

European stocks rise as investors await data on inflation and economic growth in the Eurozone. Positive data on these indicators could lead to optimism among investors about the region’s economic prospects and drive stock prices higher.

Asian stocks are mostly lower as concern grows about the impact of the Delta variant on economic recovery in the region. Slow vaccination rates and new restrictions in countries like Indonesia and Japan are raising fears of a prolonged economic slowdown.



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