Global Market Report - March 6 2019

China markets moved higher again today but European indices were mixed ahead of tomorrow's European Central Bank meeting

James Gard 6 March, 2019 | 10:43AM

Global Market Report

Asia

China’s stock markets pushed higher on Wednesday despite another mixed session on Wall Street and the absence of any concrete news on a US-China trade deal. Both Shanghai and Shenzhen indices rose by more than 1% on the day, continuing the recent positive momentum.

Weaker-than-expected Australian growth figures have rattled global investors, particularly with Australia’s dependence on a slowing Chinese economy.

Europe

Markets in Europe shrugged off Asia’s rise, with daily losses in France and Germany. Spain’s IBEX was modestly higher.

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James Gard  is content editor for Morningstar.co.uk

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