Asian Markets Reeling On First Trading Day Of 2016

So a very Happy New Year to all and let’s hope 2016 shines a little bit brighter than 2015. Well, that’s the theory at least.

In reality it looks like a rather gloomy start to the year with markets in China and Japan in free-fall and tensions rising in the Middle East after the Saudi Arabia – Iran episodes over the week-end.

On a more cheerful note, things can only get better from here on in – or so we hope.

 

LONDON, Jan 3 (Reuters) – With crude prices at 11-year lows, the world’s biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the dividends demanded by investors.

via Big oil to cut investment again in 2016

 

FTSE 100 to feel fall-out from China metldown
Proactive Investors UK – 33 minutes ago The FTSE 100 looks likely to open its account for the year very firmly in the red, with Middle East and China weighing on sentiment. via FTSE 100 to feel fall-out from China metldown

* Trading halted as CSI300 slumps 7 pct, circuit breakers hit

via China stocks slump 7 pct on opening day of 2016, trading halted for first time

Jan 4 (Reuters) – Britain’s FTSE 100 index is seen opening down 37 points, or 0.59 percent lower on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

via UK Stocks-Factors to watch on Jan 4

TOKYO, Jan 4 (Reuters) – Japan’s Nikkei share average tumbled to a 2-1/2 month low on Monday after weak China factory activity surveys and year-end losses on Wall Street discouraged investors on the…

via Nikkei opens the year with biggest one-day slide in 3 months

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