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- Negative sentiments at the stock market today, after the decision made by BOJ and before the datа of the GDP in US.
Negative sentiments at the stock market today, after the decision made by BOJ and before the datа of the GDP in US.
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Loading...We can see a lot of negative sentiments at the stock market today. The reason for this is the decision made by Bank of Japan, not to undertake a new stimulating program.
Although the rise of the indexes yesterday due to FED decision, we can assume that has already been traded. The expectation were exactly like predicted- no to touch the interest rate.
The lack of stimulus from Japan is like a red light for investors, which means that other head banks may not undertake any action.
The bad financial reports from the last couple of days, had a negative impact. That is why shares are traded on very high price earnings ratios, meaning that they are too expensive.
The awaited news from US at 15.30 also has a negative influence on the market. The expectations are for a small increase-up to 1%.
Despite that, trading short is risky for the moment because the short trend is a little bit resold. A possible sell after the first slight correction.
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