· European stocks opened slightly lower Thursday morning, after the U.S. Federal Reserve took a more accommodative stance at its policy meeting.
The pan-European Stoxx 600 was down around 0.2 percent shortly after the opening bell, with most sectors and major bourses in negative territory.
· Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any interest rate hikes this year, but concerns over U.S.-China trade talks and slowing global growth continued to weigh on investor confidence.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.5 percent.
Markets in Japan were closed for a public holiday.
U.S. President Donald Trump on Wednesday warned that Washington may leave tariffs on Chinese goods for a “substantial period” to ensure Beijing’s compliance with any trade deal.
China-U.S. trade talks are set to resume next week.
· Shanghai stocks edged higher on Thursday, after the U.S. Federal Reserve took a more accommodative stance at its policy meeting.
The blue-chip CSI300 index was unchanged at 3,836.89 points, while the Shanghai Composite Index closed up 0.3 percent at 3,101.46 points.
In comments at the end of a two-day policy meeting on Wednesday, the Fed abandoned projections for any interest rate hikes this year amid signs of an economic slowdown, and said it would halt the steady decline of its balance sheet in September.
Meanwhile, there are concerns about valuations as major Chinese stock indexes trade near nine-month highs, amid lingering concerns about trade talks with the United States.
Reference: Reuters, CNBC
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