Friday, the Shanghai Composite Index fell 5.16%, so that the results of a recent three-month bull market for nearly a quarter of evaporation. This is the index in the 14 months since the biggest single-day decline.
Are very concerned about the market in Seoul, Korea G20 summit held in the situation, the national leaders committed to seeking a more balanced economic growth, but will determine which issues will threaten long-term global economic recovery was delayed until next year. G20 summit in the United States and other participating countries in the G20's position on many serious opposition, these issues include exporting countries such as China and Germany's current account surplus and deficit for the set number of qualified recommendations.
In addition, U.S. and South Korean President also failed to solve the vehicle, livestock, and domestic political and other aspects of the dispute, it may lead the United States to promote, and more than 10 years of history, the largest Korea-US bilateral trade agreements the two sides apart.
Economic news of the University of Michigan and Reuters announced that in November U.S. consumer confidence index initial value of 69.3 points. According to Bloomberg News survey of economists forecast an average 69.0 points. October consumer confidence index of the final value of 67.7 points.
U.S. dollar lower against the euro. Euro climbed to 1.3716 against the dollar after European Union leaders issued a statement saying that before the 2013 mid-term government bonds issued by the EU will not change the impact of the rescue plan. In addition, Ireland has denied the country is about to ask the European Commission to provide assistance to the rumors, but also provides support for the euro. The dollar index fell 0.5%.
Treasury prices fell, the 10-year bond yields rose to 2.72%. Crude oil and gold futures prices.
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