{"id":153552,"date":"2019-08-15T07:18:39","date_gmt":"2019-08-15T11:18:39","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=153552"},"modified":"2019-08-15T07:18:39","modified_gmt":"2019-08-15T11:18:39","slug":"equities-slump-as-yield-curve-inverts","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/08\/equities-slump-as-yield-curve-inverts\/","title":{"rendered":"Equities slump as yield curve inverts"},"content":{"rendered":"
August 15, 2019<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/p>\n

\n
\n

Dollar rise slowed as export prices decline<\/h2>\n<\/div>\n<\/div>\n

US stock indexes <\/b> closed sharply lower on Wednesday as the US Treasury yield curve inverted. The S&P 500<\/a> lost 2.9% to 2840.60 . The Dow Jones <\/em> industrial average dropped 3.05% to 25479.42. Nasdaq <\/em> composite index fell 3.02% to 7773.94. The dollar strengthening decelerated as US export prices recorded a decline over the same period a year ago in July too. The live dollar index<\/a> data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, inched up 0.1% to 97.95 and is higher currently. Stock index futures point to higher market openings today<\/p>\n

\"DJI<\/p>\n

\n
\n

DAX 30 leads European indexes retreat<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> pulled back on Wednesday on weak data and heightened recession fears. Both the GBP\/USD <\/em> and EUR\/USD <\/em> continued their slide yesterday with both pairs rising currently. The Stoxx Europe 600 fell 1.8%. Germany\u2019s DAX 30 <\/em> dropped 2.2% to 11492.66 as data showed German economy shrank 0.1 over quarter in the three months from April to June. France\u2019s CAC 40<\/em> fell 2.1% and UK\u2019s FTSE 100 <\/em> lost 1.4% to 7147.88 as UK inflation remained at 2%.<\/p>\n

\n
\n

Chinese stocks rise while Asian indexes retreat<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today after 30-year Treasury bond yield fell below 2% level for first time. Nikkei <\/em> ended 1.2% lower at 20405.65 despite yen resuming its slide against the dollar. Chinese stocks are rising as President Trump suggested a meeting with President Xi Jinping to resolve the Hong Kong crisis: the Shanghai Composite Index <\/em> is up 0.3% and Hong Kong\u2019s Hang Seng Index <\/em> is 0.5% higher. Australia\u2019s All Ordinaries Index tumbled 2.9% as the Australian dollar resumed its climb against the greenback.<\/p>\n

\n
\n

Brent <\/a> falls after another US crude inventories build<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are higher today. Prices slumped yesterday after the Energy Information Administration report US crude inventories rose for the second week in a row, increasing by 1.6 million barrels, while gasoline inventories fell by 1.4 million. October Brent crude tumbled 3% to $59.48 a barrel on Wednesday.<\/p>\n

\nMarket Analysis provided by IFCMarkets<\/a><\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Dollar rise slowed as export prices decline US stock indexes closed sharply lower on Wednesday as the US Treasury yield curve inverted. The S&P 500 lost 2.9% to 2840.60 . The Dow Jones industrial average dropped 3.05% to 25479.42. Nasdaq composite index fell 3.02% to 7773.94. The dollar strengthening decelerated as US export […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-153552","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=153552"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153552\/revisions"}],"predecessor-version":[{"id":153558,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153552\/revisions\/153558"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=153552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=153552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=153552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}