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Publishing date: Jul 30, 2021 • 7 hours ago • 2 minute read •
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LONDON/SHANGHAI Global shares tracked Asia lower on Friday but remain on course for their sixth straight month of gains as solid corporate earnings and central bank largesse keep sentiment intact, while the dollar held near a 1-month low.
MSCI’s World index was down 0.3% in early European trading, leaving it broadly flat on the week, but up 1% for the month, just shy of a record high.
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World stocks eye sixth month of gains, dollar near one-month low
By Simon Jessop and Andrew Galbraith
Reuters
LONDON/SHANGHAI (Reuters) - Global shares tracked Asia lower on Friday but remain on course for their sixth straight month of gains as solid corporate earnings and central bank largesse keep sentiment intact, while the dollar held near a 1-month low.
MSCI s World index was down 0.3% in early European trading, leaving it broadly flat on the week, but up 1% for the month, just shy of a record high.
Markets remain in a tussle, though, as a Chinese crackdown on its technology sector and surging cases of the Delta variant of coronoavirus in Asia and elsewhere range against still-Dovish monetary policy and punchy earnings from a range of companies.