Dec 9, 2016 | Investment Advice

International News (Issue 429) – 9 December 2016

In international markets this week we saw continued buying of equities.

Beyond that there is actually very little to remark upon.

US economic data for November improved on both the manufacturing side, and employment figures continued to deliver on expectations, rising 178,000 last month.

Next Thursday night the Federal Reserve will likely raise interest rates 0.25% to 0.75%.

In Europe, the European Central Bank (ECB) agreed to extend its program of Quantitative Easing (QE) which was news well received.

 IndexChange%
U.S. S&P 5002246+55+2.5%
London’s FTSE6932+179+2.7%
Japan’s Nikkei18765+252+1.4%
Hang Seng22862-16-0.1%
China’s Shanghai3215-58-1.8%

 

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