{"id":136863,"date":"2018-11-09T06:27:04","date_gmt":"2018-11-09T11:27:04","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=136863"},"modified":"2018-11-09T06:27:04","modified_gmt":"2018-11-09T11:27:04","slug":"fed-signals-no-change-in-plans","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/11\/fed-signals-no-change-in-plans\/","title":{"rendered":"Fed signals no change in plans"},"content":{"rendered":"
November 9, 2018<\/div>
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By IFCMarkets<\/a><\/p>\n

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SP500, Nasdaq slip while Dow inches up<\/h2>\n<\/div>\n<\/div>\n

US equities <\/b> pulled back on Thursday as the Federal Reserve stood pat. The S&P 500 <\/em> slid 0.3% to 2806.83. Dow Jones <\/em> industrial average however managed to inch up 0.04% to 26191.22. The Nasdaq <\/a> composite lost 0.5% to 7530.88. The dollar strengthening resumed as traders deemed the absence of any signal of a change in Fed\u2019s monetary policy means a coming hike in December with three other increases in 2019. The live dollar index<\/a> data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, rose 0.5% to 96.623 and is higher currently. Futures on stock indices point to lower openings today.<\/p>\n

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European indices open lower<\/h2>\n<\/div>\n<\/div>\n

European stocks <\/b> rebound continued on Thursday led by bank shares on positive earnings reports. Both the EUR\/USD <\/em> and GBP\/USD <\/em> turned lower and are retreating currently. The Stoxx Europe 600 index added 0.2%. Germany\u2019s DAX 30 <\/a> however fell 0.5% to 11527.32. France\u2019s CAC 40 <\/em> slipped 0.1% and UK\u2019s FTSE 100 <\/em> gained 0.3% to 7140.68. Indices opened 0.4% – 0.6% lower today.<\/p>\n

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Hang Seng leads Asian indices retreat<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mostly lower today. Nikkei <\/em> retreated 1.1% to 22250.25 as yen resumed climb against the dollar. Chinese stocks are solidly lower as producer prices inflation slowed again in October: the Shanghai Composite Index <\/em> is down 1.4% and Hong Kong\u2019s Hang Seng Index <\/em> is 2.6% lower. Australia\u2019s All Ordinaries Index slipped 0.1% despite Australian dollar continued slide against the greenback.<\/p>\n

\"HK50<\/p>\n

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Brent <\/a> slips on higher global output data<\/h2>\n<\/div>\n<\/div>\n

Brent futures prices <\/b> are inching lower today. Prices ended lower yesterday after reports global production rose considerably last month ahead of US sanctions on Iran: Brent for January settlement closed 2% lower at $70.65 a barrel on Thursday.<\/p>\n

\nMarket Analysis provided by IFCMarkets<\/a><\/p>

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Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets SP500, Nasdaq slip while Dow inches up US equities pulled back on Thursday as the Federal Reserve stood pat. The S&P 500 slid 0.3% to 2806.83. Dow Jones industrial average however managed to inch up 0.04% to 26191.22. The Nasdaq composite lost 0.5% to 7530.88. The dollar strengthening resumed as traders deemed the […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-136863","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=136863"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136863\/revisions"}],"predecessor-version":[{"id":136869,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136863\/revisions\/136869"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=136863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=136863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=136863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}