Asia mixed ahead of Fed meeting – Hegnar Online

despite several positive economic key figures, falling stock markets in China.

Shaghai Composite is down 0.7 per cent, while the Shenzen Composite is down 0.6 per cent. Hong Kong’s Hang Seng index is down 0,36 percent. Thus, continuing Monday’s fall, and a market analyst at CMC Markets explains that with the upcoming rentemøtet in the united STATES.

“The last of the divestment in chinese shares can be attributed to the Fed’s expected increase in interest rates that causes a temporary “risk off”sentiment in the markets in China and Hong Kong”, she writes in a note quoted by CNBC.

Both retail sales and industrial production, in addition to the private investments had a solid increase in november, which shows that the economic activity took well up in november.

elsewhere in Asia, there are mixed feelings on the stock exchanges.

the Nikkei index in Japan is up 0.2 per cent, while the ASX 200 index in Australia was down 0.23 percent.

the Kospi index in South Korea, rising 0.08 per cent.

the Market pricing in a probability of 95,4 per cent that the Fed increases the interest rate at the upcoming meeting, so, therefore, is the tension most related to what is being said about the coming years.

“the Key will be whether they increase the forecasts for the GDP in 2017 and 2018″, says sjefsstrateg in IG, Chris Weston in a note quoted by CNBC.

Oil

on Tuesday morning, Brent oil down marginal 0.09 per cent to 55,64 dollars per barrel, while WTI-oil traded down 0,28 percent to 52,68 dollars per barrel.