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Global Financial Markets Show Overall Decline

2011/9/23 9:30:00 23

Recession Financial Market

suffer

Federal Reserve

Investors are worried that the global economy will be in recession after announcing distortions, extending the term of the $400 billion treasury bond, and the Fed's failure to launch the third round of quantitative easing and the impact of the economic downturn.

On the 22 th, major stock markets in the US, Europe and Asia Pacific fell sharply.

Meanwhile, the New York market is crude oil and gold.

futures

Prices also fell sharply.


US stock market fell sharply, New York oil price plunged more than 6%


As investors worried about the economic outlook, the 22 day of the New York stock market opened up, and the three major indexes fell more than 2%.

At the close, the three major indexes closed down more than 3%.

On the same day, the crude oil market was selling hard, and the funds flowed out. The oil price in New York dropped by more than 6%.


The high risk aversion of the market has pushed the US dollar higher and has gained about 1.5% of the package currency.

Affected by the rise in the dollar, gold futures on the New York Mercantile Exchange fell sharply on the 22 day, with the most active December contract of $66.4 an ounce, closing at $1741.7 an ounce.

Decline

It is 3.7%.


 

European stock market suffered

Setback


At the close of 22, the 100 stock price index of the financial times of London stock market closed at 5041.61 points, down 246.80 points, or 4.67%, compared with the previous day.


The DAX index of Germany's Frankfurt stock market fell 269.59 points, or 4.96%, at 22 points, at 5164.21.


Paris's CAC40 index continued downward after its low opening in September 22nd. It closed at 2781.14 at the end of the day, down 154.14 points from the previous trading day, or 5.25%.


Asian and Pacific stock markets fell, leading property stocks in mainland China


Affected by the Fed's 21 day policy statement, the Asia Pacific stock market opened on the 22 day.

The average price index of the 225 stocks of the Nikkei stock market in Tokyo fell 2.07% on Thursday and the Seoul composite index in Korea fell 2.9%.

On the 21 day, the Shanghai Composite Index, which had only recorded the largest single day increase in nearly a month, also fell by 2.78% throughout the day.


On the 22 day, the Shanghai and Shenzhen two cities in mainland China were significantly lower than those in the two cities.

At the close, the Shanghai Composite Index fell 2.78%, only one step away from the low level in the past 14 months. The Shenzhen stock index closed at 10660.47 points, or 331.39 points, or 3.01%, with a turnover of 63 billion 380 million yuan.


Alain Bokobza, head of global asset allocation at faxing bank, said that investing in the stock market is not a good choice from the current situation of the global economy.

On the one hand, the US economy continues to slump, and European countries need to further improve their economic governance.

On the other hand, slower growth and rising inflation have weakened the role of "safe haven" in emerging economies, and the valuation of their stock market will continue downward.


 
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