Stock market shares

These 2 factors worry the markets today

While awaiting the final Eurozone GDP for the third quarter, the markets started the day subdued.
Asian shares are closing the session in the red, following the decline on Wall Street and under pressure from weak oil prices and concerns about China's economic crisis.
These are the 2 factors that threaten the stability of negotiations today.
Losses by energy producers after oil fell to its lowest since June on growing concerns about oversupply added to concerns that the dragon's debt burden is unsustainable.
Moody's lowered its rating on a number of local companies, after previously cutting its outlook for the nation's sovereign bonds.
Investor sentiment also worsened due to an unexpected contraction in Chinese imports in November, which dashed hopes of a recovery in domestic demand that could stimulate growth in an evidently slowing economy.
The markets now await other macroeconomic signals from the Eurozone's GDP for the third quarter and from new data on the US labor market.
These results can in fact influence the next decisions of central banks and the direction of stock prices at a global level.
Oil prices and China: markets today start from these 2 uncertainties Oil prices continue to fluctuate, pressured by concerns about the war in the Middle East and OPEC+ production cuts, with a decrease to five-month lows.
Prices are headed for their deepest annual decline since 2020.
Brent crude futures fell more than 20% from late-September highs and were sold off to their lowest since late June, after a larger-than-expected rise in crude oil inventories US gasoline indicated weak demand during the Thanksgiving holiday.
Over the course of the year, Brent has fallen by more than 13% and, at $74.64 per barrel, is stabilizing in this range.
WTI is trading at 69 dollars a barrel, with a clear drop from around 90 dollars a barrel in September.
The decrease in prices is, however, good news for inflation and for the possibility of interest rate cuts in 2024.
The second reason for uncertainty for investors is still China.
Chinese stocks fell to new lows, with Moody's downgrading of China's sovereign debt outlook earlier this week putting further pressure on assets.
The rating agency also worsened its rating on the debts of the dragon's companies.
read also Why everyone wants gold in China “Moody's broad cut in the outlook for Chinese companies is truly surprising,” said Hao Hong, chief economist at Grow Investment Group.
“Moody's will downgrade companies' ratings within a year and a half after the outlook downgrade, which will increase their cost of financing.” Oil prices and Chinese prospects are just two of the crucial themes for the markets at the end of the year.
The next data on US jobs and the Fed and ECB meetings on 13 and 14 December will offer new ideas for forecasts on what will happen in 2024.

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