MTS Futures News_PM_20181220

MTS News

MTS Futures News_PM_20181220

20 Dec 2018


·       European markets opened lower on Thursday after the U.S. Federal Reserve raised rates for the fourth time in 2018.

The pan-European STOXX 600 was 0.6 percent lower shortly after the opening bell, with all sectors and major bourses in negative territory.

Officials at the Federal Reserve voted to hike interest rates by 0.25 percent on Wednesday, although President Donald Trump had been pressing the central bank for a more dovish policy outlook.

·       Asian shares slid on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes next two years, dashing investor hopes for a more dovish policy outlook.

MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 1.4 percent, with Australian shares slipping as much as 1.3 percent to two-year lows.

·       Japan’s Nikkei skidded to a 15-month low on Thursday after the U.S. Federal Reserve largely retained its plans to increase interest rates next year despite rising risks to growth, triggering a sell-off in global stocks.

The Nikkei share average tumbled 2.8 percent to 20,392.58, the weakest closing point since September 2017.

·       China’s main equity indexes closed down at two-month lows on Thursday after the country’s central bank announced a new targeted lending tool, amid the U.S. Federal Reserve raising rates and largely maintaining outlook for more hikes next year. ** At the close, the Shanghai Composite index was down 0.52 percent at 2,536.27.

The blue-chip CSI300 index was down 0.77 percent, with its financial sector sub-index lower by 1.12 percent.


Reference: Reuters, CNBC 

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