- Eurostoxx -1.4%
- Germany DAX -1.1%
- France CAC 40 -1.3%
- UK FTSE -1.2%
- Spain IBEX -1.7%
- Italy FTSE MIB -1.3%
The losses here are not as bad as what we saw with the US indices yesterday anyway. And that's helped at least in part by better sentiment in the US future. S&P 500 futures are up 0.3% in a relatively mild bounce so far on the day. That being said, it is still early and although most of the time after Thursday the Fed tends to be a move to Wednesday, stocks were already in a rather cautious position ahead of the FOMC meeting. So, there may be more selling to hit before the dip buying finally comes back into play.
This article was written by Justin Low at www.forexlive.com.
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