vendredi 30 octobre 2015

European shares slip in morning trade due to falling commodity companies US interest expectations

European stocks fell on Thursday morning dealings with falling commodity companies and earnings below expectations for major banks and companies, in conjunction with the growing expectations of the Federal Reserve to raise US interest rates in December next meeting.

The Dow Jones Stoxx Europe 600 index rose 0.5 percent at 09:15 GMT, and achieved the index rose yesterday by 1.2 percent after losing over two sessions with the rise of large-scale energy companies.

The companies commodities and minerals most downs of the Dow Jones Europe Index with the decline in the Rio Tinto Group and BHP Billiton by more than 3.3 percent at least.

Barclays shares fell nearly 5 percent after the decline in the bank's profits during the third quarter by 10 percent, and Royal Dutch shares fell 1.1 percent after scoring during the third quarter, the biggest loss in more than 10 years.

Federal Reserve said yesterday at the conclusion of the meeting lasted over two days that the US economy is strong enough to raise interest rates this year, which would raise the likelihood of higher interest rates in December next to 48 percent from 32 percent last week.

And delete the Council any reference to global developments that affect the growth of the US economy, and pointed out that the increase in interest rates at the next meeting will depend on the progress being made on employment and inflation, repeating in his statement that he wants to be "confident moderately" that inflation will rise to the level target of 2 percent.

As part of investors assessment of those expectations markets await US economic growth data for the third quarter expected to grow at a rate of 1.6 percent from growth of 3.9 percent the second quarter, which reduces again from these expectations, and supports buying high-yielding assets, led by stocks and bonds.

 Futures fell for the S & P 500 rose 0.3 percent after a rise in the index yesterday on Wall Street by about 1.2 percent, after strong gains overshadowed by banks and energy companies on expectations of raising US interest rates in December next.

For Europe, the most important indicators fell 50 euros Stoke index by about 0.5 percent, France's CAC 40 index down 0.6 percent, and Germany's DAX index fell 0.2 percent, the decline In London the Financial Times 100 index by 1.1 percent.

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