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On Tuesday, European markets sank because market participants turned to be far more cautious ahead of the Fed’s highly-anticipated policy gathering this week, even as traders’ confidence was still healthy worldwide.
The EURO STOXX 50 dived 0.15%, Germany’s DAX 30 went down 0.22% and France’s CAC 40 dipped 0.11%.
The Fed’s generally believed to leave interest rates intact this week. Evidently, the Fed could provide clues on when it actually intends to start unwinding its balance sheet and on any future interest rate moves.
Meanwhile, worries over tensions between North Korea and America relived, although they can resume at any time.
On Tuesday, Donald Trump was braced for addressing the United Nations General Assembly for the first time, while North Korea was supposed to be on the agenda.
Financial shares demonstrated mixed performance because French lenders BNP Paribas gained 0.17%, while Societe Generale decreased 0.31%. As for Germany's Deutsche Bank, it soared 0.12%, Commerzbank went down 0.32%.
FTSE 100 sagged 0.05% in London.
On Wednesday, Asian equities stood still due to the fact that worries over the outlook for global economic surge as well as the everlasting China-US trade clash kept market participants away from risky assets…
On Tuesday, Asian equities headed south along with crude prices due to the fact that downbeat mood about world surge drove traders away from risky assets…
On Monday, London markets managed to gain due to the fact that traders weighed up the latest China surge data and also waited for UK Prime Minister Theresa May to outline her fresh Brexit proposal to the country’s parliament…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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