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April 30, 2017

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Business > Global Markets
Asian markets moved cautiously Monday even as Chinese economic growth data beat expectations, with geopolitical concerns weighing on sentiment.
 
Automakers converge on China as slowdown looms
Global carmakers converge on China for the Shanghai auto show this week, with the industry bracing for a sharp sales slowdown and potential price war as competition stiffens in the world's biggest car market.
 
The greenback regained its footing on Thursday, after tanking overnight as U.S. President Donald Trump voiced fears about a strong greenback.
 
The growing temptation to resort to protectionism and uncertainty in Europe linked to the French elections pose "risks" to the global economy, International Monetary Fund (IMF) chief Christine Lagarde said Wednesday.
 
The personal computer market limped along in the first quarter of this year, its footing aided a bit by businesses buying gear, according to a pair of industry trackers.
 
European markets started the week lower on Monday as investors digested last week's U.S. missile strikes on Syria and the outcome in France's presidential election race is starting to look increasingly unpredictable.
 
European markets largely followed the U.S. and Asia in turning lower Thursday, as investors were spooked by Federal Reserve minutes showing it is mulling plans to tighten monetary policy by sucking cash out of the financial system.
 
European stock markets diverged Wednesday, in the wake of regional service-sector data, as all eyes turned to the minutes of the U.S. Federal Reserve's latest interest-rate meeting.
 
Most European and Asian stock markets dipped on Tuesday, with investors spooked by Russia's deadly subway explosion and a looming U.S.-China summit, dealers said.
 
The German stock market rose close to a record pinnacle on Monday, buoyed by bright eurozone economic data, dealers said.
 
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