The last financial policy meeting of the Federal Reserve is hitting the mood of investors. This is, as the market expects to see even more modest faith in signs of economic slowdown.
At the end of trading, the Dow Jones drew down 1.49%, and the S & P500 lost 1.54%. In the meantime, the Nasdaq came to 2.17%.
Although the Federation Committee projections for the rate moves in 2019 predicted two increases rather than three, this did not calm the investors' nervousness. The market consensus was only betting for next year, taking into account lower economic growth signs.
In this way, a message from the central US office hit a sale in the New York plaque in the face of suspicions that the policy of financial adjustments could have an impact on economic performance. According to Bloomberg, investors expected a "even less aggressive" approach.
Earnings in Europe
Meanwhile, the Old Continent stock exchanges are saying farewell to the progress that is triggered by the positive signals in a commercial war and before the message of the Fed. Euro Stoxx 50 – which brings together the 50 most important companies in the Eurozone – has declined the session with an increase of 0.37%. Although Cac 40 of France and Dax Germany were higher by 0.49% and 0.24%, respectively.
The end of a commercial war closer to it? The United States and China established next meeting in January
In addition to the lesser fear of the commercial conflicts, another motor that pushes the Old Continents squares is an agreement reached Italy with the European Union for the 2019 Budget.
Italy agrees with Europe on the 2019 Budgets
Despite the good weather at the beginning of the session, the main Asian indicators were closed in mixed land. Nikkei from Japan scored low by 0.60%. Meanwhile, Hang Seng Hong Kong rejected 0.20% while CSI 300 Shanghai decreased by 1.19%. According to Bloomberg, the performance is explained starting the disappointing Japanese group telecommunications business, SoftBank.
As for the merchandise market, resume oil prices after suddenly tied yesterday. The WTI closed – a condo in the United States – with a 2% increase and stood at US $ 47.2 in bargain, while Brent climbs 1.74% to US $ 57.24 in Europe.