PT Solid Gold Berjangka | European Markets Open in Negative Territory, with Fed in the Spotlight this Week; SocGen Down 6%
European markets had a negative open to start this week’s trading, following their Asia-Pacific counterparts lower as investors look ahead to a week of central bank decisions.
The pan-European Stoxx 600 index opened 0.2% lower, with sectors spread across positive and negative territory. Mining stocks led marginal gains with a 0.3% uptick, while household goods were down 0.5% at the start of trading.
The U.S. Federal Reserve’s decision will be announced on Wednesday. While investors are widely anticipating that the central bank will hold interest rates steady, they’ll be keeping a close eye to get a better sense of the central bank’s stance on inflation.
Elsewhere this week, Australia’s central bank will release its minutes for its Sept. 5 policy meeting on Tuesday and on Friday, the Bank of Japan will conclude its monetary policy meeting. Elsewhere, the People’s Bank of China is also expected to release its loan prime rate decisions on Friday.
Source : CNBC
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