Asian markets have come out mixed as the FOMC statement from yesterday affecting different regions in different ways. For starters, Chinese equities declined as investors saw the eventual raising of interest rates in the US as an event that could reduced demand fro CHinese goods. However, Japanese markets climbed as the strong dollar boosted earnings of Japanese exporters. All in all, the Nikkei ended higher by 1.13%, the Hang Seng fell by 0.85%, and the ASX 200 climbed 0.16%.
European markets climbed today due to optimistic activity in the private sector. Specifically, Bayer AG rallied when enws came otu that it would spin off its palsti cs unit. Furthermore, Sulzer AG and EasyJet Plc also advanced – helping Ueopean markets climb higher. By the end of the session, the Stoxx was up1.05%, thew FTSE climbed 0.57%, and the DAX rose 0.75%.
American markets have also been showing bullish action today despite yesterday’s FOMC statement. The main source of optimism within the US has been better than expected Jobless Claims data, which suggest that the labor market may be recovering. Gievn that this has been one of the largest concerns for investors recently, have solid evidence that the employment situation is rectifying redcues any anxiety stemming from a early rise in the interest rate. For now, the Dow is up0.54%, the S&P is up 0.40%, and the Nasdaq is up 0.57%.
September 18, 2014 – Indices News
Asian markets have come out mixed as the FOMC statement from yesterday affecting different regions in different ways. For starters, Chinese equities declined as investors saw the eventual raising of interest rates in the US as an event that could reduced demand fro CHinese goods. However, Japanese markets climbed as the strong dollar boosted earnings of Japanese exporters. All in all, the Nikkei ended higher by 1.13%, the Hang Seng fell by 0.85%, and the ASX 200 climbed 0.16%.
European markets climbed today due to optimistic activity in the private sector. Specifically, Bayer AG rallied when enws came otu that it would spin off its palsti cs unit. Furthermore, Sulzer AG and EasyJet Plc also advanced – helping Ueopean markets climb higher. By the end of the session, the Stoxx was up1.05%, thew FTSE climbed 0.57%, and the DAX rose 0.75%.
American markets have also been showing bullish action today despite yesterday’s FOMC statement. The main source of optimism within the US has been better than expected Jobless Claims data, which suggest that the labor market may be recovering. Gievn that this has been one of the largest concerns for investors recently, have solid evidence that the employment situation is rectifying redcues any anxiety stemming from a early rise in the interest rate. For now, the Dow is up0.54%, the S&P is up 0.40%, and the Nasdaq is up 0.57%.
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