Overseas Trading: Asia Slips, Europe Rallies as Crude Futures Waver

Stocks in Asia settled mostly lower, while European markets are trading broadly higher on strength in energy names and automakers

by Elizabeth Harrow

Published on Dec 15, 2015 at 8:25 AM

Stocks in Asia settled mostly lower today, as U.S. oil futures gave back some of Monday's late gains. Traders are also playing it safe ahead of Wednesday's interest rate decision from the Federal Reserve. In Japan, early strength in equities evaporated as the yen gained ground, while Seoul-listed securities eked out a win as blue chips advanced. By the close, Japan's Nikkei fell 1.7%, China's Shanghai Composite dropped 0.3%, Hong Kong's Hang Seng lost 0.2%, and South Korea's Kospi ended 0.3% higher.

European markets are firmly higher at midday, with energy stocks on the rebound as Brent crude futures advance. Automakers are also on the upswing, after car registrations in the European Union surged 13.7% in November -- up from October's modest 2.9% gain. At last look, the German DAX has rallied 2.3%, the French CAC 40 is 2% higher, and London's FTSE 100 has tacked on 1.7%.


Overseas markets 1215


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 Nevada Discovery That Could Jeopardize Chinese Dominance
Click to continue to advertiser's site.
UNH Stock Pops on Accelerated Payment Promise
Analysts are very bullish on UnitedHealth stock
Extra Space Storage Stock Wavers After Downgrade
Raymond James downgraded to "underperform" from "market perform"
The Top Lithium Play of 2020
Click to continue to advertiser's site.