European stocks set to drop as losses continue into 2019

  • The first trading day of the New Year was beset by data showing Chinese factory activity contracted in December for the first time in 19 months.
  • December was a harsh month for global equity markets, with shares falling on fears of a potential worldwide economic slowdown.
  • French, German, British and euro zone PMI manufacturing index numbers are due early Wednesday morning. Read More @


Global stocks nurse New Year hangover as China data disappoint – PSEI WILL DISAPPOINT THIS QUARTER – but expect swings for good bargain buys.

Asian shares turned tail on the first trading day of the new year as more disappointing economic data from China darkened the mood and upended U.S. stock futures.  MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS skidded 1.6 percent as a private sector survey showed China manufacturing activity contracted for the first time in 19 months. The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) for December fell to 49.7, from 50.2 in November, and followed a poor official survey on factory output. “Even more eye-catching was that ‘new orders’ in both PMIs fell from expansion in November to contraction in December,” said analysts at ING. “This confirms our view that the economy is weak and that stimulus needs to arrive quickly.” The Shanghai blue chip index .CSI300 quickly shed 1.2 percent and South Korea .KS11fell 1.5 percent. Japan’s Nikkei .N225 was closed for a holiday. Read More @

Join our classes in Philippines – email to

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.


Leave a reply

Your email address will not be published. Required fields are marked *



We're not around right now. But you can send us an email and we'll get back to you, asap.


FINWAZE makes no representations or warranties, express or implied, in relation to this website ( or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2020 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?