NVDAcontentAD

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 X logo 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

 

Same-Day Trading Power: +227% YTD and Counting  — Get in for $10!

We're celebrating 44 years of helping traders win, and you can now tap into one of our most explosive services — Dynamite Day Trading Signals — for just $10.

This service was built for one thing: capturing intraday gains with precision. 

Access two highly-vetted options trades each week -  Complete with defined entries, exits, and a clear plan for same-day profits.

👉 Click Here to Learn More and Position Yourself to Take Action When the Next Alert Hits.

 

futupic

 
 
 
 

Follow us on X, Follow us on Twitter