SMM News: may 7, affected by complex changes in international trade and other factors, although the Asian stock market rose in late trading, but the European and American markets are still strong risk aversion sentiment, the European stock market fell across the board, the decline in international oil prices expanded.
The STOXX 600 index fell 0.2 per cent after European stocks opened today and is now down 0.74 per cent. Losses in the other major indices also widened, with the FTSE 100 index falling 1.4 per cent in the UK, the CAC 40 index in France down 1.1 per cent and the DAX index in Germany down 1.1 per cent.
In terms of US stocks, US stocks opened lower across the board. The S & P 500 index was at 2908.98. The Dow was down 0.80%, the Dow was down 0.93% at 26191.55, and the Na was down 0.97% at 8044.76. Shortly after the start of trading, the decline in the three major stock indexes widened to 1 per cent.
In terms of international oil prices, the decline continued to expand, with US WTI crude falling more than US $1 to US $60.91 per barrel and cloth oil falling 2 per cent to US $69.78 per barrel.
On the foreign exchange front, the onshore renminbi continued to rise more than 100 points against the dollar in the afternoon to 6.7661. Today's official closing price was 6.7607, up 59 points from the previous day's official closing price. The offshore yuan was close to rising to 6.7762 in the afternoon, rebounding about 220 points from its intraday low.
The dollar fell about 0.2 per cent against the yen, brushing intraday lows and nearing 110.40.
On the news side, the Information Office of China's Ministry of Commerce said this afternoon that at the invitation of US Trade Representative Lettershitzer and Treasury Secretary Mnuchin, Liu he, member of the political Bureau of the CPC Central Committee, vice premier of the State Council, and Chinese leader of the China-US Comprehensive Economic Dialogue, will visit the United States from 9 to 10 May for the eleventh round of consultations with the United States on economic and trade issues.
A shares twists and turns today, slightly higher in early trading, the afternoon index continued to weaken, near the end of trading, affected by the Ministry of Commerce, responded, and finally collective red, Prev held 2900 points, artificial meat plate ushered in the tide of rise and stop. The Hang Seng Index rose higher this morning and fell back to close up 0.55%. Plate aspect, the interior room stock performance is bright, yesterday falls the plate to appear the rebound one after another.