Overseas Trading: Global Stocks Sink Ahead of Central Bank Meetings

Global stocks are sharply lower ahead of policy meetings from the Federal Open Market Committee (FOMC) and Bank of Japan (BoJ), and amid "Brexit" anxiety

Jun 13, 2016 at 8:44 AM

Global stocks are lower across the board, ahead of this week's U.S. Federal Open Market Committee (FOMC) and Bank of Japan (BoJ) meetings, as well as continuing jitters over the June 23 "Brexit" vote. The latest polls suggest the majority of Brits favor leaving the European Union (EU).

Japan's Nikkei dropped 3.5% on a stronger yen, as traders anticipate the BoJ will delay an interest rate cut. China's Shanghai Composite resumed trading after the Dragon Boat Festival, falling 3.2% on lackluster investment growth data. Hong Kong's Hang Seng and the South Korean Kospi gave up 2.5% and 1.9%, respectively.

Amid "Brexit" fears and declining crude oil prices, London's FTSE 100 was last seen 0.8% lower, after suffering its worst day since Feb. 11 on Friday. Meanwhile, France's CAC 40 is off 1.4%, and the German DAX has given up 1.3%.

overseas stocks june 13

Sign up now for Schaeffer's Market Recap to get all the day's big stock movers, must-know technical levels, and top economic stories straight to your inbox.

Follow @Schaeffers

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.