GOOD MORNING FRIENDS>>>>>>> @@@@ IMPORTANT DATA AND EVENTS TO WATCH @@@@ SEPTEMBER 1st MARKET OVERVIEW Asian shares balked at the starting gate on Monday, skittish in the face of a deepening Ukraine crisis, while the euro touched a fresh one-year low ahead of this weeks European Central Bank meeting. Ukrainian President Petro Poroshenko warned a full-scale war was imminent if Russian troops continued to advance in support of pro-Moscow rebels as U.S. and European leaders threatened Moscow with further sanctions. MSCIs broadest index of Asia-Pacific shares outside Japan was down about 0.2 percent in early trading, pulling away from Thursdays high of 515.13, its highest since early 2008. Japans Nikkei stock average added about 0.3 percent, after shedding 1.3 percent in August. Later on Monday, a official survey of Chinas manufacturing sector due at 0100 GMT is expected to show factory activity weakened as demand faltered, though it will still indicate expansion rather than contraction, according to a Reuters poll.
Posted on: Mon, 01 Sep 2014 01:46:45 +0000
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