Equities suffer after disappointing US numbers
MSCI’s gauge of stocks across the globe hits lowest level in a month as traders react to US manufacturing activity data
02 October 2019 - 11:52
London — A major global share index hit its lowest level in a month on Wednesday after US manufacturing activity tumbled to more than a decade low, sparking worry that the fallout from the US-China trade war is spreading to the US economy.
The dollar steadied, having earlier been knocked off its highest levels in more than two years following the data. The index that measures the greenback against a basket of peers was up 0.16%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.