Global Market Report - April 26

World markets are in "risk-off" mode ahead of US GDP figures for the first quarter

James Gard 26 April, 2019 | 11:04AM
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Global Market Report


China markets fell again on Friday, tracking Wall Street’s weakness on Thursday’s night, and capping off a week when the Shanghai Composite Index lost around 200 points. Having made gains above 3,000 points, the benchmark is in danger of re-testing that level again. The break through 3,000 in March was seen as a sign by investors that China was back on track after a 2018 to forget.

Hong Kong’s Hang Seng managed to end the day in positive territory but is lower for the week and is only just ahead for the month of April.


Royal Bank of Scotland (RBS), which yesterday announced that chief executive Ross McEwan is standing down, came under pressure this morning after a downbeat first quarter update. Shares were off nearly 5% in morning trading, leading the FTSE 100 fallers, after the firm unveiled a fall in profits as well as warning of Brexit uncertainty.

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James Gard  is content editor for