FXstreet.com (Barcelona) - There's a general risk aversion sentiment on Tuesday after Moody's downgrade of five Spanish resgions. Financial markets are presently choosing to ignore reports pointing to Fed increase of its asset purchases at this week's meeting.
The German DAX 30 and the French CAC 40 are down by -0.92% and -0.62%, while the British FTSE 100 sheds -0.76%, the Spanish IBEX 35 loses -0.45% and the Italian FTSE MIB is down by -0.65%.
Futures for the American S&P 500, Nasdaq 100 and Dow Jones are signaling a lower opening between -0.80% and -1.00% ahead of US Richmond Fed manufacturing Index and the BoC interest rate decision today, and PMI data and the FOMC meeting tomorrow. WTI crude oil is down by -1.30%, at $82.50, and Gold falls by -1.28%, at $1706.
The German DAX 30 and the French CAC 40 are down by -0.92% and -0.62%, while the British FTSE 100 sheds -0.76%, the Spanish IBEX 35 loses -0.45% and the Italian FTSE MIB is down by -0.65%.
Futures for the American S&P 500, Nasdaq 100 and Dow Jones are signaling a lower opening between -0.80% and -1.00% ahead of US Richmond Fed manufacturing Index and the BoC interest rate decision today, and PMI data and the FOMC meeting tomorrow. WTI crude oil is down by -1.30%, at $82.50, and Gold falls by -1.28%, at $1706.
