{"id":62646,"date":"2014-10-28T08:39:35","date_gmt":"2014-10-28T12:39:35","guid":{"rendered":"http:\/\/countingpips.com\/?p=62646"},"modified":"2014-10-28T08:49:29","modified_gmt":"2014-10-28T12:49:29","slug":"stock-markets-report-28th-october","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/10\/stock-markets-report-28th-october\/","title":{"rendered":"Stock Markets Report 28th October"},"content":{"rendered":"
October 28, 2014<\/div>
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By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Stocks in Asia fell on Tuesday, tracking losses from Wall Street seen overnight as the Federal Open Market Committee (FOMC) concludes its two-day policy meeting.<\/p>\n

Analysts are expecting the central bank to announce the end to its monetary easing program by eliminating its remains $15 billion worth of monthly asset purchases and keeping its key interest rate unchanged at 0.25%.\u00a0<\/span><\/p>\n

Asia Stocks<\/span><\/h2>\n

In Japan, the benchmark Nikkei 225 index fell 0.24% to 15,351.41 points, while Tokyo\u2019s Topix index eased 0.15% to 1,252.41 points.<\/p>\n

The Japanese yen strengthened against the US dollar, trading around 107.90 yen against 108.20 on Monday, dragging exporter\u2019s gains lower.<\/p>\n

Construction Company Kajima slumped 6% after the cut in its net income forecast, while Hino Motors declined 1.8%, Mitsubishi Motors lost 1% and Canon tumbled 2.6% after reporting a fall in its earnings report. On the positive side, Sumco Corp gained 2.6% after Jefferies Group LLC raise its ratings.<\/p>

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Retail Sales in Japan climbed 2.7% in September from last month\u2019s reading of 1.9% on a monthly basis. While on an annual basis, retail spending rose 2.3% in September, according to a report from the Ministry of Economy Trade and Industry (METI).<\/p>\n

Hong Kong\u2019s Hang Seng Index gained 0.51% to 23,268.84 points during the early hours of trading, while the Chinese mainland Shanghai Composite added 0.32% to 2,297.68 points at the same time. The benchmark index rose to its highest in three months after the President Xi Jinping signaled a nationwide expansion of free-trade zones.<\/p>\n

The South Korean Kospi index came in at 0.35% to 1,925.30 points at the time of writing, while Australia\u2019s S&P\/ASX 200 index edged 0.41% to 5,436.70 points.<\/p>\n

In Sydney, mining stocks opened lower with Atlas Iron falling by 7.5%, Mount Gibson Iron declining 2% and BC Iron slumped by more than 9%. Financial stocks were also dragged lower, with ANZ down 0.2%, Westpac sliding 1.7%, Commonwealth Bank of Australia lost 0.4% and National Australia Bank lost 0.7%.<\/p>\n

Europe Stocks<\/span><\/h2>\n

European stocks were seen trading higher on Tuesday, with the Federal Reserve (Fed) meeting in the spotlight.<\/p>\n

The European Euro Stoxx 50 rose 0.69% to start at 3,019.85, while the French CAC index came in at 0.54% higher to 4,118.37 and UK\u2019s benchmark FTSE 100 gained 0.70% to 6,408.11. Germany\u2019s DAX 30 index added 0.92% to 8,984.71 at the time of writing, while the country\u2019s Business climate index dropped to 103.2 points in October, the lowest since December 2012.<\/p>\n

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The post Stock Markets Report 28th October<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Stocks in Asia fell on Tuesday, tracking losses from Wall Street seen overnight as the Federal Open Market Committee (FOMC) concludes its two-day policy meeting. Analysts are expecting the central bank to announce the end to its monetary easing program by eliminating its remains $15 billion worth of monthly asset […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-62646","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62646","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=62646"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62646\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=62646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=62646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=62646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}