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16 Sep 2015
Global equity markets rally ahead of Fed - Swissquote
FXStreet (Delhi) – Arnaud Masset, Market Analyst at Swissquote, notes that the global equity indices rallied today ahead of the much awaited US Fed’s policy decision tomorrow.
Key Quotes
“In Asia, regional markets are buoyed by Wall Street’s optimism. The Shanghai Composite erased completely yesterday’s losses, adding 5.77%, while its tech-heavy counterpart, the Shenzhen Composite, rises 6.90%.”
“In Hong Kong, the Hang Seng climbed 2.77%. AUD/USD is gaining positive momentum ahead of the FOMC meeting; the Aussie is up 3.80% since September 6th and is now heading towards the 0.72 key resistance (previous high and psychological level). On the downside, a support can be found at 0.6896 (low from September 6th).”
Key Quotes
“In Asia, regional markets are buoyed by Wall Street’s optimism. The Shanghai Composite erased completely yesterday’s losses, adding 5.77%, while its tech-heavy counterpart, the Shenzhen Composite, rises 6.90%.”
“In Hong Kong, the Hang Seng climbed 2.77%. AUD/USD is gaining positive momentum ahead of the FOMC meeting; the Aussie is up 3.80% since September 6th and is now heading towards the 0.72 key resistance (previous high and psychological level). On the downside, a support can be found at 0.6896 (low from September 6th).”