US House Speaker Pelosi announced a formal impeachment investigation against President Trump. Trump, who was caught in the Ukrainian “phone door” incident, agreed to announce the full text of the call with the Ukrainian president on Wednesday.
- The Dow Jones Industrial Average closed at 26,807.77 points, down 142.22 points or -0.53 %. The Standard & Poor’s 500 Index closed at 2,966.60 points, down 25.18 points or -0.84 %. The Nasdaq index closed at 7,993.63 points, down 118.84 points or -1.46 %.
- Trump said that he hopes the United States and China can reach an agreement that is beneficial to both sides, but he will not accept a bad agreement.
- Trump admitted to suspending military assistance to Ukraine because the United States and Europe are controversial.
- The UK’s FTSE 100 index closed at 7,291.43 points, down 34.65 points or -0.47 %. The Frankfurt DAX index closed at 12,307.15 points, down 35.18 points or -0.29 %. The French CAC40 index closed at 5,628.33 points, down 2.43 points or -0.04 %.
- The UK Supreme Court ruled that Prime Minister Boris Johnson had violated the law by allowing the Parliament to suspend for five weeks.
- French central bank governor Villeroy expressed his dissatisfaction with the European Central Bank’s decision to restart quantitative easing, saying it is not needed at the moment.
- Japan’s Nikkei 225 index closed at 22,098.84 points, rose 19.75 points or 0.09 %. The yen closed at 107.690 against the US dollar, down 0.214%.
- The Japanese Ministry of Finance said that it does not believe the market has a demand for Japan to issue 50-year bonds on a regular basis.
- The Shanghai Composite Index closed at 2,985.34 points, rose 8.26 points or 0.28 %. The Shanghai and Shenzhen 300 Index closed at 3,901.08 points, rose 10.42 points or 0.27 %. The RMB closed at 7.107 against 1 US dollar, rose 0.281 %.
- The CEO of the London Stock Exchange said that Hong Kong may not be in a “competitive position” in the future, and Shanghai is China’s financial center.
- FTSE Russell is about to announce whether to include the Chinese bond market in its global bond index, which means that there may be more overseas funds to passively allocate Chinese bonds.