World stock markets are falling, fear of recession
World markets mostly lower in the absence of signals from the American marketplaces, not working on Monday, and on the background of the trade disputes between China and the US.
American stock exchanges were the day before closed in connection with the celebration of labor Day. Futures for indexes of the USA on Tuesday, falling 0.6-0.8%.
Asian markets ended Tuesday mixed amid a lack of clarity in trade relations between the US and China and political tensions in Hong Kong. On Monday, China initiated proceedings in the WTO in connection with the introduction of new US duties on Chinese exports. In Hong Kong the other day there were clashes of protesters with the police.
In addition, market participants drew attention to the fact that the Reserve Bank of Australia as expected kept its benchmark interest rate unchanged at 1%.
Major European stock markets closed with growth of indexes up to 1.1% after the publication of statistics in the region. The best dynamics showed Britain’s FTSE 100, which has received additional support from the depreciation of the pound. On Tuesday European stocks gradually decline by 0.3-0.4%.
The Russian stock market loses of 0.3-0.5%, the ruble is more expensive a little more than 10 cents against the dollar and the weakening in the range of 5 cents to the Euro.