Save from as low as €40 per month
Change modify pause
The Dow Jones finished 0.6% lower on Tuesday, and the S&P 500 lost 0.4% while the Nasdaq closed slightly below the flatline, pressured by higher crude oil prices and concerns about the global economic growth following PMI data for China pointed to the slowest expansion in China’s services output in 8 months. The risk-off mode sent the dollar to March level highs while Treasury yields continued to edge up as the US economy remains resilient. Meantime, European shares also fell yesterday, led by a 1.3% decline in construction shares amid growing pessimism regarding the global economy’s health. Updated PMI figures for both Sapin and Italy pointed to an unexpected contraction in services activity last month while private sector activity in the Euro Area, German and France decline more than initially expected.
Summary for 06.09.2023
The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly, any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Calamatta Cuschieri Investment Services Ltd has not verified and consequently neither warrants the accuracy nor the veracity of any information, views, or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. CC does not accept liability for losses suffered by persons as a result of information, views, or opinions appearing on this website.
Calamatta Cuschieri Investment Services Ltd is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act.
You are signing up to receive news, updates, general market announcement, articles and product or service marketing. By signing up you are consenting