Asian markets have gone up for the most part after declining yesterday on fears of reduced liquidity in China. Investors have been behaving more bullishly in Asia as of late due to the fact that equity prices have declined over the least three months. Thus, even if there is a little worry, the prospect of undervalued assets is still very alluring. The Nikkei closed up 0.05%, the Hang Seng closed up 0.33%, and the ASX 200 fell 0.38%.
European markets were mixed as investors weighed different reports. In the early morning, Swiss trade balance data came out better than expected. However, this was counteracted initially by worse than expected German business climate data. Even further, solid British Mortgage data tempered any losses face by European equities. Thus, overall movement in Europe was limited. The Stoxx 50 closed up 0.07%, the FTSE closed down 0.20%, while the DAX closed up 0.17%.
American markets have gone down today due to tension in the Middle East, as John Kerry attempts to unite Iraqis against the forces of ISIS. Though new home sales numbers improved and consumer confidence rose, political tension abroad kept investors fearful of US markets in the event that President Obama does decide to take a more active role in the crisis. So far, the Dow is down 0.70%, the S&P 500 is down 0.64%, and the Nasdaq is down 0.42%.
June 24, 2014 – Indices News
Asian markets have gone up for the most part after declining yesterday on fears of reduced liquidity in China. Investors have been behaving more bullishly in Asia as of late due to the fact that equity prices have declined over the least three months. Thus, even if there is a little worry, the prospect of undervalued assets is still very alluring. The Nikkei closed up 0.05%, the Hang Seng closed up 0.33%, and the ASX 200 fell 0.38%.
European markets were mixed as investors weighed different reports. In the early morning, Swiss trade balance data came out better than expected. However, this was counteracted initially by worse than expected German business climate data. Even further, solid British Mortgage data tempered any losses face by European equities. Thus, overall movement in Europe was limited. The Stoxx 50 closed up 0.07%, the FTSE closed down 0.20%, while the DAX closed up 0.17%.
American markets have gone down today due to tension in the Middle East, as John Kerry attempts to unite Iraqis against the forces of ISIS. Though new home sales numbers improved and consumer confidence rose, political tension abroad kept investors fearful of US markets in the event that President Obama does decide to take a more active role in the crisis. So far, the Dow is down 0.70%, the S&P 500 is down 0.64%, and the Nasdaq is down 0.42%.
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