Posted by in Uncategorized
China anxiety knocks shares
LONDON, Sept 15 (Reuters) Stock markets fell cheap canada goose uk on Monday after China factory output grew at the canada goose coats on sale weakest pace in nearly six years in August, while worries over the impact of another round of sanctions on Russian projects added canada goose uk black friday to headwinds cheap Canada Goose for Moscow listed companies and the oil market.
Europe main markets fell as much as 0.4 percent before recovering some poise. uk canada goose That followed a 1 percent dive for canada goose uk outlet Asian shares, Canada Goose Parka with European oil and gas stocks traditionally among the most exposed to signs of weakening demand from China falling as much Canada Goose sale as 1.3 percent.
Brent crude oil slumped to canada goose black friday sale a more than canada goose clearance sale two year canada goose low under $97 per barrel as the lacklustre data from the world top energy consumer cast a shadow over the outlook for oil demand at a time of abundant supply.
growth Canada Goose sale in China is one of the key drivers of world growth and generally of oil demand, said Ric Canada Goose Outlet Spooner, chief market analyst at CMC Markets. seems likely that (oil) demand growth Canada Goose online won keep up with the growth in supply capacity.
The United States and European Union imposed fresh sanctions on Moscow last Canada Goose Jackets week, hampering exploration of Russia huge buy canada goose jacket Arctic and shale oil reserves and setting rules on tougher canadian goose jacket financing of existing Russian projects.
Oil Canada Goose Online companies impacted include Gazprom, Gazprom Neft, Lukoil, Surgutneftegas and Rosneft.
Rosneft shares inched up on uk canada goose outlet Monday after the Russian government said it would create a multi billion dollar fund to help companies although the funding announced for it fell way buy canada goose jacket cheap short canada goose coats of the almost $40 billion Rosneft says it needs in aid. currency would continue to gain were likely to weigh on commodities.
At the same time, the boom in shale gas exploration in the United States has removed one of the big sources of tension from Canada Goose Coats On Sale the global market. can export shale gas but it means that some of their previous suppliers are looking for new markets. but is now going canadagooseoutlete to canada goose clearance other global markets.
JOCKS AWAY? Sterling, which has recovered a foothold in the past few days, canada goose factory sale slipped following another round of polls that showed Thursday vote on Scottish independence remains too close to call.
One week implied volatility the best measure of the scale of the risks to the pound seen by markets remains at its highest in four years.
A vote by the Scots to leave the United Kingdom would have wide ranging consequences and could drive sterling sharply lower, but the market pricing also encapsulates the risk of a snap back in the event of a vote for the status quo.
One poll over the weekend showed the vote 8 points in front, while another showed the same lead for the Yes camp and two others a 51 49 percent and 53 47 percent split respectively in favour of sticking with the union.
likely to be highly volatile, sterling should hold above last week lows ahead of, and then rise following, the confirmation of a outcome from Thursday Scottish referendum, Credit Agricole analysts said in a note.
key question surrounding this week policy canada goose store event is whether a widely expected change in FOMC forward guidance is sufficient to refuel canada goose uk shop USD buying, Credit Agricole analysts wrote in a report. (Editing by Gareth Jones).