Overseas Trading: Rate-Hike Worries Rattle Global Markets

Chinese stocks took a dive on downbeat data, while banks are weighing on European indexes

Sep 14, 2015 at 8:25 AM
facebook twitter linkedin


Asian markets ended mixed, as traders mulled a raft of data out of China and looked ahead to this week's Fed policy meeting. China's Shanghai Composite tumbled 2.7%, pressured by lackluster industrial production and fixed-asset investment numbers -- which offset better-than-expected retail sales. Also ending sharply lower was Japan's Nikkei, which slid 1.6% on weakness among telecoms and the kickoff of the Bank of Japan's (BoJ) own policy meeting. Rounding things out, South Korea's Kospi gave back 0.5% and Hong Kong's Hang Seng tacked on 0.3%.

European bourses are largely lower at midday, following the lead of their Asian counterparts amid expectations of a U.S. rate hike -- which has taken a toll on a number of banking stocks. Elsewhere, the stream of migrants from Syria is leaving the eurozone jittery, despite upbeat July industrial production results for the region. Currently, the French CAC 40 and German DAX are off 0.1% and 0.2%, respectively, while London's FTSE 100 has inched 0.04% higher.

150914overseas

 

Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released! 

 


 


 
Special Offers from Schaeffer's Trading Partners