What is pulling the stocks down?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
Asian equities stand still as traders wait for Fed clues
On Wednesday, Asian stocks generally didn’t change after Wall Street again grew to record maximums. However, moves were quite limited because a wait-and-see mood dominated before the Fed unveils its monetary policy stance a bit later in the day.
Spreadbetters actually expected the UK’s FTSE to start intact. As for Germany's DAX as well as France's CAC they were supposed to start down approximately 0.1%.
The caution in markets ahead of the anticipated meeting has kept some market participants from making radical adjustments to their trading positions notwithstanding potentially higher tensions over North Korea following hawkish remarks from Donald Trump overnight.
Additionally, MSCI's index of Asia-Pacific equities rallied 0.05%.
As for Japan's Nikkei N225, it didn’t change. Shanghai gained 0.3% and Hong Kong's Hang Seng managed to gain 0.2%.
Besides this, the three key American stock indexes grew on Tuesday, thus reporting record closes.
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Important events on February 17-21
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
TESLA needs more money
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
Latest news
ZAR: an intriguing speech
The South African Finance Minister is delivering a budget speech today. There may be a strong impact on ZAR, so what's going to happen?
CAD: is Canadian GDP puzzled?
Canadian monthly GDP will be out at 15:30 MT time on Friday.
The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
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