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Friday, October 18, 2013

Global shares rise on China, continued Fed QE -10/18/13


Global shares rise on China, continued Fed QE

World stock markets are awash in green after China's Q3 GDP accelerates to 7.8%, while the increasing belief that the Fed will hold off on tapering its QE program is also adding support - mostly.

Not in Japan, though, where stocks fall 0.2% after the yen strengthens against the dollar on the prospects of the U.S. continuing to print money at current levels.

Japan ETFs: EWJ, NKY, EWV, EZJ, ITF, JSC, JPP, DXJ, SCJ, DFJ, FJP, JPNL, JPNS, DXJS, FXY, JYN, YCL, YCS.

Hong Kong +1.1%, China +0.2%, India +2.15%.

EU Stoxx 50 +0.05%, London +0.3%, Paris +0.2%, Frankfurt +0.1%, Milan -0.1%, Madrid +0.2%.
    
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