European Markets Mostly Higher Ahead Of Fed Rate Decision

European Markets Mostly Higher Ahead Of Fed Rate Decision
Riding on some upbeat corporate earnings reports, several markets in Europe are trading higher on Wednesday. Most of the markets in the region were closed yesterday for Labor Day holiday. Traders, reacting to quarterly results, are awaiting the U.S. Federal Reserve’s interest rate decision and its outlook for future rate hikes for further direction. The Federal Reserve, due to release... Read More

Sensex Fails To Hold Early Gains, Ends Flat

Sensex Fails To Hold Early Gains, Ends Flat
Despite a strong start on the back of some hectic buying in automobile stocks- thanks to buoyant sales data, the Indian stock market ended flat on Wednesday. The decline was due to a disappointing economic report that showed the pace of growth in eight core sectors to have slowed to a 3-month low in March. Also, investors appeared reluctant to... Read More

Wall Street Poised To Open Upbeat

Wall Street Poised To Open Upbeat
The absolute focus of the market is on Fed Reserve’s interest rate decision scheduled on Wednesday afternoon. Early trading trends from the U.S. Future Index point Wall Street to open in the green zone. Asian shares finished mostly lower. European shares are trading mostly higher. The slowdown of the Eurozone economy from the previous quarter to 0.4 percent and the... Read More

CAC Up Marginally

CAC Up Marginally
The French market is slightly higher on Wednesday with investors indulging in some selective buying, tracking fairly steady markets in the eurozone. Besides corporate earnings reports from the eurozone, traders are also reacting to the latest batch of economic data. The mood in the market is slightly cautious ahead of U.S. Federal Reserve’s monetary policy, The benchmark CAC 40 is... Read More

Asian Markets End Mixed

Asian Markets End Mixed
Asian markets exhibited a mixed trend, amid largely stock-specific activity on Wednesday. Movements were a bit sluggish in most of the markets in the region, with traders refraining from making big moves ahead of U.S. Federal Reserve’s monetary policy statement, due later in the day. In the Australian market, the benchmark S&P/ASX 200 ended at a fresh 1-month high, gaining... Read More