Overseas Trading: Jakarta, Oil Rattle Global Stocks

It's a downbeat day for stocks around the world following reported terrorism in Jakarta, Indonesia

Jan 14, 2016 at 8:28 AM
facebook twitter linkedin


For the most part, stocks in Asia followed the bearish lead of Wall Street, with additional fears springing from a series of explosions in Jakarta, possibly linked to ISIS. Japan's Nikkei skidded to a 2.7% loss after core machinery orders plunged. Elsewhere, South Korea's Kospi slid 0.9% following the central bank's decision to keep interest rates as is, while Hong Kong's Hang Seng gave back 0.6%. Breaking with the trend lower was China's Shanghai Composite, which bounced back from early losses to gain 2% amid a stabilizing yuan.

European markets are also taking it on the chin, with traders rattled by potential terrorism in Indonesia, as well as new 12-year lows for Brent crude futures. At last check, London's FTSE 100 is down 1.4%, after the Bank of England voted to stand pat on interest rates. Elsewhere, the German DAX is off 2.1%, while the French CAC 40 has fallen 2.2% amid reports of an emissions fraud investigation into Renault -- sending the automaker's shares down 10% in Paris. Separately, the European Central Bank's December meeting minutes were just released, revealing a number of policymakers want deeper rate cuts.

160114overseas



 

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