Global Markets
Overseas markets slide as risk appetite cools
Most major indexes outside the U.S. finish lower, with Asia and Europe both under pressure.
Global equities mostly end in the red. The Nikkei 225 falls 2.1%, the Hang Seng slips 0.5%, and the Shanghai Composite drops 1.3%. Korea’s Kospi takes the biggest hit in the group, down 4.9%, while Australia’s ASX 200 and India’s Sensex each edge lower.
Europe also closes lower across the board. The FTSE 100 falls 1.7%, the DAX drops 2.2%, the CAC 40 loses 2.2%, and the Stoxx 600 declines 1.6%. Reuters says Britain’s FTSE 100 sees its worst day since May after Trump says the Iran deal is 'over', a headline that fits the broad risk-off tone in energy-sensitive markets.
The dollar index dips 0.1% to 100.994, but dollar moves are mixed versus other major currencies. USD/JPY rises 0.2% to 162.492, while EUR/USD slips 0.1% to 1.143. USD/ZAR jumps 1.2% and USD/MXN climbs 1.0%, showing uneven cross-asset demand for the greenback even as the index softens a bit.