European equities are expected to open higher Monday. Investors in Europe are gearing up for the Fed's latest policy meeting and interest rate decision late this week.
About 46% of those surveyed 64 economists surveyed by the "Wall Street Journal" predict that the meeting on 16 and 17 September the Fed announced the first increase in the base rate in the US, while the majority believe that the Fed will keep short-term interest rates. The reasons for this sharp decline in expected volatile capital markets with worries about the state of the Chinese economy and the mixed picture of the state of the US economy, with an improved labor market and still too low inflation.
China's Shanghai Composite fell 3.2 percent during overnight trade. Growth in China's fixed-asset investment, one of the crucial drivers of the economy, slowed to 10.9 percent in the first eight months of 2015 - the weakest pace in nearly 15 years, data from the National Bureau of Statistics showed on Sunday. Beijing launching reforms of its state-owned-enterprises fails to lift sentiment.
Global investors are also eyeing the Federal Reserve's policy meeting this week
Meanwhile in Europe, the migrant crisis rumbles on and on Monday, interior ministers from the European Union's 28 members are meeting in Brussels for talks aimed at approving a set of "emergency" measures on migration –including the relocation of 120,000 asylum seekers.A number of eurozone finance ministers stressed that migration crisis could have lasting effects on their budgets. The European Commission will consider whether countries with excessive budget deficits to be given more flexibility when they are directly affected by migration crisis.
JrTrader G.Hristov
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.