The European market is dropping and the Emerging Markets Index is heading for a 3 month low while government bonds are rising. One noticeable drop is the Stoxx Europe 600 Index which dropped by 0.4%.

While this is happening, the Australian dollar is rising as a result of China factories doing better.

Other top stories today: 

Asian Shares Recovering

US Stocks Drop

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The slow of growth in China and the drop in oil prices caused US stocks to drop.

The investors are worried about the growth in China, which seems to be getting slower according to data. In addition, the drop in oil prices are effecting the energy stocks as well.

Another reason might be a report that says that homes in the US are selling less in the last month than it did in the previous 4 months.

Other top stories today: 

Asian Shares Recovering

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China’s factories have been doing better than expected recently, which led to the rise of Asian shares.

The Chinese factory sector is dependent on Australia’s export market. The rise of Asian shares caused the Australian dollar to rise as well.

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Apple sold an amazing amount of 10 million iPhone 6 units over the weekend. That is 1 million more than the sales of iPhone 5 last year.

The numbers are even more amazing considering that the iPhone 6 wasn’t even available in China this year during the opening weekend.

On the other hand, only 30% of the iPhone user have upgraded to the new iOS 8 software.

Apple is looking good with this year’s sale and their share has been rising accordingly.

Other top stories today: 

• 4 Tips for Today's Trading
  
  
• European Market Falls
  
  
• Alibaba Biggest IPO Ever

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