December 19, 2024 at 08:10AM
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 aren’t anything as bad as what we saw with US indices yesterday at least. And that is at least helped partially by a better mood in US futures. S&P 500 futures are up 0.3% in what is a very mild bounce so far on the day. That being said, it is still early and while most of the time post-Fed Thursdays tend to be a retracement to Wednesday, equities were already in a rather cautious mood in the run up to the FOMC meeting. So, there might be more selling to hit before the dip buying comes back into play eventually.
This article was written by Justin Low at www.forexlive.com.
European indices see red at the open today