Chinese tech stocks rose this morning, while US and European futures were flat.
Chinese tech stocks rose this morning after China took a step to settle a dispute with the US over companies’ financial reports. The issue of control access between China and the US has been problematic for nearly 20 years.
The Japanese Nikkei 225, on the other hand, is flat. Concerns about the removal of Chinese companies from the US indices decreased.
Oil prices fell due to the new coronavirus wave in China. It is expected that governments will increase supply in the market by using their strategic reserves. US crude oil price per barrel at $99 this morning after falling 13 percent for the previous week. Brent oil, which declined at a similar rate on a weekly basis, was above $ 104 a barrel and did not show much change compared to Friday.
