China reported GDP growth, but retail sales figures were worse than expected.
Global financial markets on Thursday showed a decline, despite the growth of the Chinese economy in the second quarter.
London’s FTSE and Frankfurt’s DAX each lost 0.6 percent, while the Paris CAC-40 lost 0.8 percent.
Earlier, a similar trend was demonstrated by Asian markets: Tokyo’s Nikkei closed down 0.7 percent, Hong Kong’s Hang Seng fell 2 percent, and the Shanghai Composite fell 4.5 percent.
Sydney’s S&P / ASX index lost 0.6 percent, Seoul’s KOSPI lost 0.8 percent, and Taiwan’s TSEC lost 0.3 percent. Mumbai’s Sensex rose 1 percent in the afternoon.
US crude oil fell 1 percent to $ 40.75 a barrel, while benchmark Brent crude oil fell 0.7 percent to $ 43.50 a barrel.
China on Thursday announced that its GDP grew by 3.2 percent between April and July compared with last year, but lower-than-expected retail trade figures overshadowed the news. The growing tension between Washington and Beijing is also adding to investors ‘ concerns.
Futures for all three leading us stock indexes are showing negative dynamics ahead of trading.