📆 Monday, September 18
► This week has a quiet start to a busy economic week ahead. Stocks declined as traders reduced their risk exposure in anticipation of upcoming monetary policy decisions from the US, UK, and Japan this week and following a turbulent week.
► In Europe, the Stoxx 600 experienced a drop, pushed down in particular by a 7% slump in Société Générale after an underwhelming strategic plan. Markets in Europe await the release of CPI data tomorrow (Sept 19). European markets lost most of Friday's early gains that came in response to stronger than expected China data.
► US markets ended last week lower and saw significant losses on Friday with the Nasdaq dropping 1.56%, S&P 500 falling 1.22%, and Dow descending 0.83%. US tech giants, including Nvidia and Meta, fell over 3.5% each, influencing similar declines in Asia's tech sector. US equity futures are unchanged today.
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