Arab Today, arab today european stocks fall before fed decision
Last Updated : GMT 19:41:51
Arab Today, arab today
Arab Today, arab today

European stocks fall before Fed decision

Arab Today, arab today

Arab Today, arab today European stocks fall before Fed decision

European stocks
London - AFP

Europe's main stock markets fell on Wednesday with all eyes fixed on the US Federal Reserve and the outcome of its interest rate meeting.

Greece was also firmly in the spotlight with hopes of a deal over its bailout repayments fading fast.

London's benchmark FTSE 100 index of top companies dropped 0.48 percent to stand at 6,677.84 points in midday deals.

The CAC 40 in Paris lost 0.69 percent to 4,806.42 points and Frankfurt's DAX 30 slipped 0.21 percent to 11,021.09 compared with Tuesday's closing levels.

In foreign exchange activity, the European single currency edged upwards to $1.1257 from $1.1251 late on Tuesday in New York.
"While overall focus is likely to remain firmly on Greece for the next few days attention will probably temporarily shift to the US," said Markus Huber, senior analyst at broker Peregrine & Black.

"After a slow start to the year with the US economy having posted negative growth in the first quarter, nobody expects the Fed to undertake any change in interest rates today."

With the release of some disappointing US data and the Greek crisis dragging on, analysts said dealers are hoping the Fed puts off a rate hike, which is expected by the end of the year.

Analysts said the crisis would likely be in focus when the Fed concludes its meeting later Wednesday, with its head Janet Yellen due to hold a news conference soon afterwards.
Dealers are hoping for some clearer guidance on its plans for raising interest rates, with fears a hike too soon could hit the global economy.

The Bank of England on Wednesday said its policymakers have stressed that interest rate developments in Britain "would depend on UK inflation prospects and would not be determined by the actions of other central banks."

The comments were taken from minutes of the BoE's last monetary policy meeting earlier this month that saw the central bank leave its main interest rate at 0.50 percent.

Meanwhile, the Greek central bank on Wednesday warned that the country could crash out of the eurozone and even the European Union if it fails to reach a bailout deal with international creditors.
Negotiations over the release of the last 7.2 billion euros ($8.1 billion) in rescue funds from Greece's massive bailout from the International Monetary Fund, European Union and European Central Bank have deadlocked as payment deadlines loom.

Greece faces a 1.6 billion euro payment to the IMF at the end of the month, with another 6.7 billion euros due to the ECB in July and August -- payments which Greek officials have said the government cannot afford.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today european stocks fall before fed decision Arab Today, arab today european stocks fall before fed decision

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims

GMT 06:16 2017 Monday ,20 February

Bank shares lift Tadawul

GMT 13:43 2017 Sunday ,19 February

Local institutional buying lifts Oman shares higher

GMT 15:33 2017 Saturday ,18 February

Lock-up shares worth 39 bln yuan eligible for trade

GMT 09:49 2017 Saturday ,18 February

Qatar Stock Exchange Index Gains 190.17 Points This Week

GMT 09:15 2017 Friday ,17 February

Asia stocks retreat after week-long Trump rally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday