Asian markets have fallen again for the most part – creating the longest losing streak in around 4.5 years. Much of the downward movement was caused by a reduction in Chinese Aggregate financing. Furthermore, Australian banks are also sinking as investors fear new regulations that would require financial institutions to hold more capital. Today, the Nikkei climbed 0.25%, the HSI fell 0.27%, and the ASX 200 fell 0.27%.
European markets climbed a little earlier as US retail sales data came out better than expected. The prospect of improvement in such an important export market has provided one of the few sources of bullish sentiment in the Eurozone this week. However, this was not enough to keep the bears away, as many investors are still worried about the strength of the eurozone economy and are worried about the potential independence of Scotland. Recently the Stoxx 50 was down 0.22%, the FTSE was up 0.16%, and the DAX was down 0.53%.
American markets have gone down despite better than expected retail sales data. A lot of downward pressure still stems from fear over when the Fed will raise the interest rate. The Fed will meet next week, and consequently US markets may sink a little more until then. Right now, the Dow is down 0.18%, the S&P is down 0.24%, and Nasdaq is down 0.28%.
September 12, 2014 – Indices News
Asian markets have fallen again for the most part – creating the longest losing streak in around 4.5 years. Much of the downward movement was caused by a reduction in Chinese Aggregate financing. Furthermore, Australian banks are also sinking as investors fear new regulations that would require financial institutions to hold more capital. Today, the Nikkei climbed 0.25%, the HSI fell 0.27%, and the ASX 200 fell 0.27%.
European markets climbed a little earlier as US retail sales data came out better than expected. The prospect of improvement in such an important export market has provided one of the few sources of bullish sentiment in the Eurozone this week. However, this was not enough to keep the bears away, as many investors are still worried about the strength of the eurozone economy and are worried about the potential independence of Scotland. Recently the Stoxx 50 was down 0.22%, the FTSE was up 0.16%, and the DAX was down 0.53%.
American markets have gone down despite better than expected retail sales data. A lot of downward pressure still stems from fear over when the Fed will raise the interest rate. The Fed will meet next week, and consequently US markets may sink a little more until then. Right now, the Dow is down 0.18%, the S&P is down 0.24%, and Nasdaq is down 0.28%.
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