Global Market Report - January 25

World markets look set to close the week higher, with European commodity stocks buoyed by signs of recovery in China equities

James Gard 25 January, 2019 | 10:53AM

Global Market Report


Hong Kong’s Hang Seng was the outperformer among Asia-Pacific indices today with a rise of nearly 2% on the day. China’s CSI 300, which mirrors the top stocks of the Shanghai and Shenzhen indices, was up by under 1%.

While concrete news on US-China deal remains elusive, and with Chinese New Year looming, markets are likely to trade on a “wait and see” approach and stay within recent bounds. The Shanghai Composite Index is up around 150 points since the start of the year, but at 2,601, it is around 1,000 points lower than at this point last year.


The euro gained despite Germany’s IFO survey showing the weakest sentiment in nearly three years. Mario Draghi’s cautious tone at yesterday’s European Central Bank press conference chimed with data coming out the currency bloc, especially Germany. In the ECB quarterly survey, the growth forecast for the Eurozone for 2019 has been dropped to 1.5% from 1.8%, while 2020 growth is expected to be 1.5%, against an earlier forecast of 1.6%.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
AbbVie Inc90.11 USD0.54
Apple Inc106.84 USD-3.17
Colgate-Palmolive Co75.83 USD-1.15
Vodafone Group PLC107.66 GBX0.30

About Author

James Gard  is content editor for

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies