Stoxx 50 futures drop 1.5%, Shanghai down 3.5%

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The risk aversion seen in Asia appears to have hit the European shores. The major European equity indices are pointing to a weak opening ahead.

    The pan-European Euro Stoxx 50 futures are down 1.5%. Germany’s DAX and France’s CAC futures are down 1.3% each. Meanwhile, UK’s FTSE futures are trading 1% each.

    The Chinese equity markets tumbled again with the benchmark index Shanghai Composite closing at its lowest since December; down 3.5%.

    It remains to be seen if the European investors follow their Asian counterparts or take indices higher, tracking the rise in the US equities higher yesterday.
    For more information, read our latest forex news.

Share This Page

free forex signals