Market Headlines – 15/11/2017

Posted 15 Nov 2017 by Alan McCarthy


  • The S&P 500 Index fell for the third time in four days. Energy and materials producers led losses as Bloomberg’s commodity index declined the most in six months. Crude slid the most in more a month after a tepid demand forecast.
  • In currency news, the dollar lost the most since September as the American yield curve flattened further ahead of inflation data.
  • Data on U.S. consumer prices and retail sales today will be a market focus after the flattest American yield curve in a decade and weak data from China raised concern that growth is slowing.



  • European stocks fell for a sixth day as the euro advanced, while a slump in oil weighed on energy firms.
  • In economic news, German data showed faster-than-expected economic expansion in the country.
  • In the UK, the House of Commons has voted 318 to 68 to agree to Clause 1 of the EU withdrawal bill which will repeal the 1972 law that is the basis of UK’s EU membership. Notably, the vote is the second in a series of upcoming votes on PM May’s Brexit bill.



  • In Asia overnight, Chinese shares slumped, falling 0.8%, led by large-caps in Hong Kong, amid concern over a rout in the nation’s bond market and a selloff in global commodities. Japanese stocks also retreated, declining 1.6%, led by oil-related stocks, after crude prices slumped.

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