European stock markets fell Friday afternoon as many investors cashed in gains after a bumper month for equities and digested uninspiring company results, dealers said.
London gained almost five percent in value over the month, Paris nearly 10 per cent and Frankfurt more than 12 per cent, lifted by optimism despite China's economic slowdown.
Markets charged ahead on expectations that a US interest rate hike would be delayed - at least until the Federal Reserve hinted Wednesday at an increase in December, causing fresh jitters.
Traders also weighed news that eurozone inflation rose to zero percent and out of negative territory in October, as the European Central Bank (ECB) mulls adding fresh stimulus.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
London gained almost five percent in value over the month, Paris nearly 10 per cent and Frankfurt more than 12 per cent, lifted by optimism despite China's economic slowdown.
Markets charged ahead on expectations that a US interest rate hike would be delayed - at least until the Federal Reserve hinted Wednesday at an increase in December, causing fresh jitters.
Traders also weighed news that eurozone inflation rose to zero percent and out of negative territory in October, as the European Central Bank (ECB) mulls adding fresh stimulus.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment