U.S index futures are trading negatively and pointing to a lower opening for indexes like Dow Jones and S&P 500. European indices are also trading with a negative bias.
Traders in Europe were disappointed by the Federal Reserve statement which did not take a positive stand on economy and Europe.
According to a Draft G20 document world leaeders who are going to meet this week are not going to be positive on global economic recovery and are concerned about the huge costs of stimulus hitting the long term growth.
Important results are to be announced including that of Oracle.
GLOBAL MARKETS UPDATE
MARKETS | CURRENT LEVEL | CHANGE IN PERCENTAGE |
UK 100 | 5140 | -0.74% |
France 40 | 3599 | -1.15% |
Germany 30 | 6154 | -0.80% |
JapanNI225 | 9928 | +0.05% |
Hang Sen 40 | 20733 | -0.59% |
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