Global markets down ahead of Fed meeting - 15.12.2020

Futures on three main US stock indexes are up currently as investors expect the Fed will further ease monetary policy by expanding its bond buying program. The three US main stock benchmarks closed mixed Monday with Dow and SP500 pulling back, daily returns ranging from -0.6% to +0.5%.

European stock indexes are edging lower currently after a bullish session yesterday with bank shares leading the gains. Asian indexes are mostly lower today with Hong Kong’s Heng Seng Index leading losses despite report China’s industrial output grew in line with expectations in November, expanding for an eighth straight month.