At the last days, the stocsk are losing value with the expectations about FED’s interest increase during this year. On the other hand, the oil prices reached to the lowest level of the last three weeks. The dollar gained value against the all major currencies further strengthening of confidence with the expectations about Fed interest rate hikes this year that will be gone with. MSCI Asia Pacific Index lost value after declaring financial results of biggest companies like Canon Inc. and Telefonica SA. Crude oil is traded under the 50 USD psychological price level uncertainties about the effect of OPEC’s production limitation decision after eight years on the market. Investors also quite cautious because of the expectations on the trajectory of the election results in the USA and turn their attention to the Fed interest rate increase possibility.
- Date: 27 October 2016 Thu 14:38
- Last Added
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