Global Market Report - April 15 2019

World markets were mixed on Monday but sentiment is in reasonable shape ahead of earnings reports by Goldman Sachs and Citigroup

James Gard 15 April, 2019 | 10:52AM

Global Market Report

Asia

Despite a rallying Wall Street on Friday, Asian markets started the week on a mixed footing today. Japan’s Nikkei was one of the best performing markets in percentage terms, but China’s indices were a touch softer. But the underlying optimism about a potential trade deal between the US and China remains to support sentiment in regional equities.

China’s gross domestic product for the first quarter is on view this week and that will prove another test of the recent rally.

Europe

Compared with the strong close in the US on Friday, Europe’s markets were only marginally higher this morning, and Germany’s DAX was slightly in negative territory approaching midday local time. Germany’s influential ZEW survey is released tomorrow amid ongoing anxiety about the country’s economy.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Citigroup Inc43.29 USD-1.46
Goldman Sachs Group Inc191.62 USD-1.23
JPMorgan Chase & Co94.27 USD-1.09

About Author

James Gard  is content editor for Morningstar.co.uk

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