Yesterday we witnessed a down movement induced by a drop in many technology companies. Later that day, following an escalation in tensions between U.S. and Russia over the Ukraine drove a further bearish movement. The U.S. accused Russia of instigating the storming of government offices in eastern Ukraine. European stocks have continued moving down. The DAX have moved down after reaching the resistance level of 9,721, for the second. Following that, the DAX started a sharp downwards movement and is currently at 9,500 level. Similar moment was also observed in the FTSE 100 which lost 31.28 points from opening today.
In the Asian market, the Nikkei fall the 10 days low on speculations for the BOJ policy announcement and currently hovering at 14.606 level. The BOJ set the yearly expansion target from 60 to 70 trillion yen ($680 billion).
April 8, 2014 – Indices News
Yesterday we witnessed a down movement induced by a drop in many technology companies. Later that day, following an escalation in tensions between U.S. and Russia over the Ukraine drove a further bearish movement. The U.S. accused Russia of instigating the storming of government offices in eastern Ukraine. European stocks have continued moving down. The DAX have moved down after reaching the resistance level of 9,721, for the second. Following that, the DAX started a sharp downwards movement and is currently at 9,500 level. Similar moment was also observed in the FTSE 100 which lost 31.28 points from opening today.
In the Asian market, the Nikkei fall the 10 days low on speculations for the BOJ policy announcement and currently hovering at 14.606 level. The BOJ set the yearly expansion target from 60 to 70 trillion yen ($680 billion).
The U.S sessions is yet to start.
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