Overseas Trading: Pre-Fed Caution Grips Global Markets

Traders are keeping a close eye on next week's central bank policy-setting meeting in the U.S.

Sep 11, 2015 at 8:18 AM
facebook X logo linkedin

Asian markets settled mostly lower, as caution set in ahead of next week's big central bank meeting in the U.S. While expectations were high that a policy change was on the table, recent volatility in Chinese markets has raised questions over whether or not the Fed will raise interest rates for the first time since 2006.

By the close, South Korea's Kospi shed 1.1% amid a round of profit-taking, after the Bank of Korea's decision to stand pat on its current monetary policy. Elsewhere, Hong Kong's Hang Seng shed 0.3% and Japan's Nikkei gave back 0.2%. China's Shanghai Composite managed to eke out a 0.07% gain, and notched its first weekly advance in roughly a month.

European benchmarks are staring at midday losses, with traders taking profits off the table before next week's highly anticipated Fed announcement. Also weighing on sentiment are abandoned merger plans between Telenor ASA and TeliaSonera AB, which has prompted a big sell-off in the telecom sector. At last check, the German DAX and the French CAC 40 are flirting with 0.7% losses, while London's FTSE 100 is off 0.3%.



Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI