• UK stock market commentary (September 21, 2015): The Fed's attempt at staving off the bears seems to have encouraged them

    European equities are set to continue their slide on the Fedís Ďdovish disappointment. Although the Fed gave traders some respite from monetary tightening, traders donít like the connotations it has for the global economy.

    US markets reversed gains seen after FOMC on Friday amidst growing fears over slowing global growth. The Dow Jones industrial average fell over 1.7 percent, down 290 points on Friday. Overnight trade in index futures also continues to show that the bearish sentiment is intact over the weekend.

    The Dollar had a strong session on Friday, regaining much of the lost ground from the day before, Euro dollar fell over 1% amid concerns over volatility in US markets and soft inflation.

    West Texas Intermediate oil also fell on Friday as the commodities comes under pressure from rising stockpiles and demand concerns caused by global growth concerns. The fall in WTI was further spurred by the strengthening dollar on Friday

    Contributed by Capital Spreads
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