The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Happy Birthday
Today at 9:45 am by nihal123

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Today at 7:22 am by CK

» HNB.N0000 ( Hatton National Bank PLC)
Today at 6:18 am by pjrngroup

» Thread for News on CSE and SL Economy
Today at 5:16 am by NIRMALSG

» අපිට විතරද පායන්නේ ?
Yesterday at 9:06 pm by malanp

» Tourism sector
Yesterday at 5:47 pm by NIRMALSG

» අනං මනං! #/+?.<>
Yesterday at 5:15 am by NIRMALSG

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sun Mar 24, 2019 5:04 pm by NIRMALSG

» Oman's Oil and Gas Minister Dr. Al Ruhmy arrives in Lanka.
Sun Mar 24, 2019 12:11 pm by Ethical Trader

» Help him Today, so he can help another Tomorrow
Sun Mar 24, 2019 8:01 am by spw19721

» SAMP.N0000 (SAMPATH BANK PLC)
Sat Mar 23, 2019 6:37 pm by PANTOMATH

» Dividend Announcement
Thu Mar 21, 2019 9:26 pm by nihal123

» PLC.N0000 ( People's Leasing and Fiance PLC)
Thu Mar 21, 2019 11:15 am by Ethical Trader

» රෝගීන් වෙනුවෙන් කැප වන සෞඛ්‍ය සේවාවක් වෙනුවෙන්.....
Tue Mar 19, 2019 9:34 am by AjithR

» JEWS OF SRI LANKA: AN UNTOLD STORY
Tue Mar 19, 2019 9:22 am by කිත්සිරි ද සිල්වා

» How Small We are in the universe
Tue Mar 19, 2019 7:29 am by nihal123

» ඉස්සරහට අපි පරදින එකනම් ෂුවර් – ධම්මික ක්‍රිකට් ගැන කතා කරයි
Fri Mar 15, 2019 2:59 pm by nuwanmja

» HAYL.N0000 Hayleys PLC
Thu Mar 14, 2019 2:46 pm by yellow knife

» EAST WEST PROPERTIES PLC (EAST.N0000)
Thu Mar 14, 2019 10:57 am by slstock

» DFCC.N0000 ( DFCC BANK PLC )
Wed Mar 13, 2019 6:44 pm by serene

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sun Mar 10, 2019 8:36 pm by NIRMALSG

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Sun Mar 10, 2019 6:40 am by ruwan326

» Mobile Trading: the new BUZZ word in Capital Markets Industry!
Thu Mar 07, 2019 5:58 pm by Brenda John

» MGT.N0000
Sun Mar 03, 2019 2:48 pm by Hawk Eye

» MTD WALKERS - KAPI
Sun Mar 03, 2019 8:57 am by Jana1

» Should such people be trusted and help anymore?
Sun Mar 03, 2019 4:42 am by pjrngroup

» The messenger who couldn't deliver a message
Wed Feb 27, 2019 5:56 pm by Backstage

» SHL.N0000 (Softlogic Holdings PLC)
Wed Feb 20, 2019 8:23 am by ruwan326

» Importance of 2019 government budget
Tue Feb 19, 2019 12:13 pm by කිත්සිරි ද සිල්වා

» Emir of Qatar on a private visit to Sri Lanka till February 22
Tue Feb 19, 2019 11:19 am by Backstage

» දේවදත්තගෙන් අපායේ සිට මෛත්‍රී බුදුන් වහන්සේට එවන ලද ලිපිය...~~~
Fri Feb 15, 2019 8:24 am by ruwan326

» CONN.N0000
Wed Feb 13, 2019 8:09 pm by ruwan326

» SERV - The Kingsbury
Wed Feb 13, 2019 8:08 pm by ruwan326

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Wed Feb 13, 2019 7:53 pm by ruwan326

» KVAL.N0000
Wed Feb 13, 2019 7:36 pm by ruwan326

» HAYC - Haycarb
Wed Feb 13, 2019 7:24 pm by ruwan326

» DIPD.N0000 (Dipped Products)
Wed Feb 13, 2019 7:22 pm by ruwan326

» මහජනතාව බල ගැන්වෙම්න් සිටී…
Tue Feb 12, 2019 8:23 pm by ruwan326

» VFIN - where the journey leads it?
Mon Feb 11, 2019 7:35 pm by ruwan326

» LFIN - LB Finance
Mon Feb 11, 2019 7:25 pm by ruwan326

» Sri Lanka urged to develop own narrative of China’s BRI
Mon Feb 11, 2019 2:50 pm by Backstage

» Wonder why men send photos of their genitals? Here are some theories
Mon Feb 11, 2019 11:01 am by Backstage

» Flying is the Safest mode of Transport
Sat Feb 09, 2019 8:12 am by කිත්සිරි ද සිල්වා

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Thu Feb 07, 2019 2:24 pm by Ethical Trader

» Lanka named top tourist destination for 2016
Wed Feb 06, 2019 2:29 pm by කිත්සිරි ද සිල්වා

» A Bit of History
Wed Feb 06, 2019 2:18 pm by ruwan326

» AMF.N0000
Thu Jan 31, 2019 6:56 am by serene

» IOC Sri Lanka unit December quarter loss widens to Rs987mn
Mon Jan 28, 2019 11:02 am by ruwan326

» මූර්ත පොළියෙන් ශ්‍රී ලංකාව අංක 1ට – බ්ලූම්බර්ග් අනාවරණය කරයි
Mon Jan 21, 2019 7:18 pm by nihal123

» Obituary Notice.
Mon Jan 21, 2019 7:14 am by කිත්සිරි ද සිල්වා

March 2019
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930
31      

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Global stocks mostly fall as Fed signals more US rate hikes ahead

Go down

Global stocks mostly fall as Fed signals more US rate hikes ahead

Post by The Invisible on Thu Oct 18, 2018 7:44 am

AFP - Global stocks finished mostly lower on Wednesday amid lingering doubts about US interest rates and little sign of progress on talks in Britain's contentious divorce from the EU.

The weakness across the US and Europe suggested that the market had not shaken the doubts over higher interest rates and trade war fallout that led to last week's sell-off, in spite of Tuesday's strong session on both sides of the Atlantic.

Minutes from the Federal Reserve's meeting last month confirmed most policy makers expected more gradual interest rate hikes.

Further rate hikes "would most likely be consistent" with the current period of firming inflation and historically low unemployment, they said.

On the other hand, while risks were "roughly balanced," some Fed members said instability in emerging economies -- many of which are heavily indebted and vulnerable when US rates rise -- could "spread more broadly through the global economy and financial markets."

Brian Battle, director at the Performance Trust Capital Partners, predicted the markets would stay brittle as central banks exit a period of extraordinary low interest rates and monetary stimulus.

"As this policy begins to reverse, it is going to be destabilizing," Battle said. "There will be days where we sell off 500 and then recover 500, then sell off 250 and recover 250."

The S&P 500 finished the day only modestly lower, but the Dow was hit by a 7.6 percent slide in IBM shares after the technology giant reported a drop of two percent in third-quarter revenues to $18.8 billion, below analyst expectations.

- Still no Brexit breakthrough -

Paris, London and Frankfurt all fell as EU officials shrugged off British Prime Minister Theresa May's speech to Brussels summit attendees, seeing little movement in the British side on the impasse over the fate of the Irish border.

Antonio Tajani, the president of the European Parliament, said May offered them "nothing substantially new" to discuss when they retired for dinner afterwards without her.

EU negotiator Michel Barnier signaled he was willing to add a year to the 21-month post Brexit transition period -- taking it to the end of 2021.

Oil prices fell sharply after a US inventory report showed a big increase in oil supplies. The decline came despite continued scrutiny on Saudi Arabia over the disappearance of journalist Jamal Khashoggi.

Earlier, Tokyo's Nikkei jumped 1.3 percent as the Japanese index rode the positive momentum from the prior day's session on Wall Street.

- Key figures around 2100 GMT -

New York - Dow Jones: DOWN 0.4 percent at 25,706.68 (close)

New York - S&P 500: DOWN less than 0.1 percent at 2,809.21 (close)

New York - Nasdaq: DOWN less than 0.1 percent at 7,642.70 (close)

London - FTSE 100: DOWN 0.1 percent at 7,059.40 (close)

Frankfurt - DAX 30: DOWN 0.5 percent at 11,715.03 (close)

Paris - CAC 40: DOWN 0.5 percent at 5,144.95 (close)

EURO STOXX 50: DOWN 0.4 percent at 3,243.08 (close)

Tokyo - Nikkei 225: UP 1.3 percent at 22,841.12 (close)

Shanghai - Composite: UP 0.6 percent at 2,561.61 (close)

Hong Kong - Hang Seng: Closed for a public holiday

Euro/dollar: DOWN at $1.1501 from $1.1574

Pound/dollar: DOWN at $1.3117 from $1.3181

Dollar/yen: UP at 112.59 from 112.25 yen

Oil - Brent Crude: DOWN $1.36 at $80.05 per barrel

Oil - West Texas Intermediate: DOWN $2.17 at $69.75 per barrel
The Invisible
The Invisible

Posts : 878
Join date : 2016-11-28
Age : 39

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum