Asian markets have mostly fallen on bad Chinese inflation data. many investors felt that the drop in prices was a sign of weakening Chinese demand. Australian markets also under-performed as weaker Chinese demand often means a reduction in raw materials exports. Japanese equities, however, have continued their rally as the weak yen has boosted the value of many firms’ income from exports. All in all, the Nikkei climbed 0.76%, the HSI fell 0.17%, and the ASX 200 fell 0.51%.
European markets have fallen as investors begin to panic about the prospect of more sanctions against Russia. Though the situation in Eastern Europe has calmed quite a bit, many EU governments are worried that the cease fire deal in place may fall through. In addition, earnings from European companies have not been terribly impressive. Recently, the Stoxx 50 was down 0.57%, the FTSE was down 0.66%, and the DAX was down 0.58%.
American markets are also down partially because of anxiety over the prospect of increased sanctions against Russia. However, the bulk of bearish sentiment stems from poor performance from oil companies after the price of oil continued to decline and bad jobless claims data. Lastly, a possible increase int he interest rate is still on the table, and investors are still worried this may occur sooner than expected. Now, the Dow is down 0.49%, the S&P is down 0.24%, and the Nasdaq is down 0.28%.
September 11, 2014 – Indices News
Asian markets have mostly fallen on bad Chinese inflation data. many investors felt that the drop in prices was a sign of weakening Chinese demand. Australian markets also under-performed as weaker Chinese demand often means a reduction in raw materials exports. Japanese equities, however, have continued their rally as the weak yen has boosted the value of many firms’ income from exports. All in all, the Nikkei climbed 0.76%, the HSI fell 0.17%, and the ASX 200 fell 0.51%.
European markets have fallen as investors begin to panic about the prospect of more sanctions against Russia. Though the situation in Eastern Europe has calmed quite a bit, many EU governments are worried that the cease fire deal in place may fall through. In addition, earnings from European companies have not been terribly impressive. Recently, the Stoxx 50 was down 0.57%, the FTSE was down 0.66%, and the DAX was down 0.58%.
American markets are also down partially because of anxiety over the prospect of increased sanctions against Russia. However, the bulk of bearish sentiment stems from poor performance from oil companies after the price of oil continued to decline and bad jobless claims data. Lastly, a possible increase int he interest rate is still on the table, and investors are still worried this may occur sooner than expected. Now, the Dow is down 0.49%, the S&P is down 0.24%, and the Nasdaq is down 0.28%.
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