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Daily Insights 

August 4, 2015

Commodities remain weak as China stocks rebound

  • European equities have range traded during the London morning session. In Greece, the ASE index weakened by a further 1.4% this morning following yesterday’s 16% fall. Peripheral bond spreads narrowed slightly. With little in the way of data in Europe, investors are likely to focus on earnings announcements. China equities rose as major brokerages halted their short selling services. The SCHOMP Index is up 3.6% while B shares are up 5.6%. Elsewhere, the Nikkei 225 fell slightly, and the KOSPI rebounded.
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