Overseas Trading: Global Stocks Bounce Back Ahead of Fed

Global stocks are mostly higher after a downbeat start to the week

Jun 15, 2016 at 8:01 AM
facebook X logo linkedin


Stocks in Asia ended the session mostly higher ahead of today's Federal Open Market Committee (FOMC) announcement, though no change in monetary policy is expected. China's Shanghai Composite led the region with a 1.6% gain, as traders shook off a decision by Morgan Stanley Capital International (MSCI) to delay the inclusion of Chinese-listed stocks on its Emerging Markets index. 

Japan's Nikkei added 0.4% to snap a four-session losing streak, aided by a weakening yen. Japanese traders also rushed to safety ahead of tomorrow's Bank of Japan (BoJ) policy decision, sending 10-year government bond yields to a new record low. Meanwhile, Hong Kong's Hang Seng ended a choppy session up 0.4%, while South Korea's Kospi bucked the upbeat trend, shedding 0.2% for the day.

Despite swirling "Brexit" uncertainty, European markets are bouncing back today after a rough start to the week, with retail stocks seeing large gains. Miners and bank stocks are also recovering, with the U.S. dollar weakening ahead of the Fed decision. London's FTSE 100 was last seen 1% higher, ahead of tomorrow's Bank of England meeting and following a sharp drop in unemployment. Meanwhile, Germany's DAX has climbed 1.1% and France's CAC 40 has added 1.3%.

overseas stocks june 15

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. 

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI