• MTS Futures News_PM_20171214

    14 Dec 2017 | SET News


• European stocks opened slightly lower on Thursday morning, as investors reacted to the U.S. Federal Reserve's decision to raise interest rates.

The pan-European Stoxx 600 opened 0.2 percent lower with most sectors and major bourses in negative territory.

• Asian stocks generally rose on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike, while its caution on inflation tempered expectations for 2018 tightening, weighing on the dollar and Treasury yields.

The Fed’s less hawkish statements supported MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS, but by afternoon its gain had been pared to 0.15 percent.

• Japan’s Nikkei share average slipped on Thursday, as banks and insurer shares weakened in line with lower interest rates while telecommunications shares withered on news that online retailer Rakuten plans to enter the mobile carrier market.

The Nikkei ended down 0.3 percent at 22,694.45. The broader Topix was 0.2 percent lower at 1,808.14.

The bank subindex fell 1.8 percent and the insurance sector slipped 1.9 percent, as U.S. Treasury yields slipped after the U.S. Federal Reserve kept its monetary policy plan intact.

• China stocks fell on Thursday, after the country’s central bank nudged up money market rate following the widely expected U.S. rate hike, and as mixed data reinforced signs of a modest slowdown in the Asian economic powerhouse.

The Fed raised rates for the third time this year on Wednesday while sticking to its projection for three rate increases next year.

At the close, the Shanghai Composite index was down 9.46 points or 0.29 percent at 3,293.58.

Reference: Reuters, CNBC

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