August 31, 2020

Global Markets

New York stock market futures indices rose sharply, packing the opening of the European trading session, which loses the region's main benchmark due to a UK holiday.

The futures of the three main US stock indexes indicate a strong opening of markets on Wall Street. Last Friday, the S&P 500 closed at an all-time high for the sixth consecutive session, while the Nasdaq also hit a record high.

 The main Asian stock exchanges closed aimlessly on Monday (31), with Japanese shares rising after Prime Minister Shinzo Abe resigned and with the rise of Japanese companies acquired by Warren Buffett. China closed down after reading the PMI slightly below expectations.

 The purchasing managers' index (PMI) of the industry oscillated downwards, going from 51.1 in July to 51.0 in August, contrary to the forecast of increase to 51.2.

 Japan was the big positive highlight, with the Nikkei index closing at a high of 1.12%. The local market gained momentum with the news that Berkshire Hathaway, a company owned by investor Warren Buffett, bought stakes in the country's five largest business conglomerates.

 International WTI oil futures (NYMEX: CL \ V20) are trading at $ 43.44, up 1.1%. Brent (NYMEX: BZ \ V20) also operates at an increase of + 1.4%, trading at US $ 46.46. The impact of the hurricane that hit the Gulf of Mexico is less than expected.