Asian markets have generally fallen today on concern that the Federal Reserve may raise the interest rate sooner than expected. Such as move would make other assets such as bonds more appealing – hurting demand for equities collectively. In addition, the recent bearish performance of the real estate market in China has pushed some equities down. By closing, the Nikkei was up 0.25%. the Hnag Seng was down 1.93%, and the ASX 200 was down 0.60%.
European markets are down right now as traders are continuing to process the interest rate reduction from last week. Though the European Central Bank also pledged to buy asset backed securities so as to funnel money into the economy, many investors are still skeptical this will be able to turn the Eurozone economy around. As a result, the Stoxx 50 is down 0.18%, the FTSE is down 0.12%, and the DAX is down 0.23%.
American markets are mostly unchanged as market participants speculate on when the interest rate will be increased by the Federal Reserve. Though an increase in the interest rate may put bearish pressure on indices, data coming out later this week is anticipated to be more bullish. Thus, markets are not really moving in either direction at the moment. The Dow is down 0.06%, the S&P is down 0.08%, and the Nasdaq is up 0.01%.
September 10, 2014 – Indices News
Asian markets have generally fallen today on concern that the Federal Reserve may raise the interest rate sooner than expected. Such as move would make other assets such as bonds more appealing – hurting demand for equities collectively. In addition, the recent bearish performance of the real estate market in China has pushed some equities down. By closing, the Nikkei was up 0.25%. the Hnag Seng was down 1.93%, and the ASX 200 was down 0.60%.
European markets are down right now as traders are continuing to process the interest rate reduction from last week. Though the European Central Bank also pledged to buy asset backed securities so as to funnel money into the economy, many investors are still skeptical this will be able to turn the Eurozone economy around. As a result, the Stoxx 50 is down 0.18%, the FTSE is down 0.12%, and the DAX is down 0.23%.
American markets are mostly unchanged as market participants speculate on when the interest rate will be increased by the Federal Reserve. Though an increase in the interest rate may put bearish pressure on indices, data coming out later this week is anticipated to be more bullish. Thus, markets are not really moving in either direction at the moment. The Dow is down 0.06%, the S&P is down 0.08%, and the Nasdaq is up 0.01%.
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