Overseas Trading: Asia Mixed Post-Fed; Europe Drops on Earnings

Asian stock markets were mixed following the U.S. Fed's latest policy statement

by Elizabeth Harrow

Published on Oct 29, 2015 at 8:30 AM

It was a mixed finish in Asia today, after the U.S. Fed indicated a December interest rate hike was still under consideration. Likewise, a stronger-than-forecast report on Japanese industrial production put a damper on expectations for the Bank of Japan to open the throttle on its stimulus efforts following its Friday meeting. By the close, China's Shanghai Composite added 0.4%, Japan's Nikkei rose 0.2%, South Korea's Kospi backpedaled 0.4%, and Hong Kong's Hang Seng gave up 0.6%.

European markets are pointed south at midday, pressured by a generally gloomy round of corporate earnings. Deutsche Bank has tumbled more than 7% in Frankfurt following its quarterly results; elsewhere, oil majors Eni and Royal Dutch Shell are also in the red post-earnings. At last check, London's FTSE 100 is 1.1% lower, France's CAC 40 is off 0.8%, and the German DAX is down 0.5%.

Overseas markets 1029


A Schaeffer's exclusive!

The Expert's Guide

Access your FREE trading earning announcements before it's too late!


 
 

Partnercenter


NEW! Explore Schaeffer’s Partners' deals and get connected to top online brokerages with deals tailored exclusively for our readers.  Get answers to your questions regarding transfer fees, commission rates, programs and available discounts related to online trading services.

MORE | MARKETstories


The Top Lithium Play of 2020
Click to continue to advertiser's site.
First Week in April Provides More Coronavirus-Related Volatility
A slew of coronavirus-related news sent markets on another weekly roller coaster ride
Netflix Stock Heading into Historically Bullish Quarter
NFLX's 10-day moving average has stepped up as support lately
The Top Lithium Play of 2020
Click to continue to advertiser's site.