Markets are Fed-focused

World equity markets will be largely focused on this week’s meeting of the Fed’s monetary policy committee and its decision on interest rates in particular.

That’s not to say there aren’t some distractions for investors as Chinese data released over the weekend showed missed targets for industrial production and investments. There is also inflation data from the Eurozone on the way this week.

Asian markets closed mostly lower Monday on caution ahead of the Fed but European markets shrugged off Asia’s sentiment in early trading with gains for most major indexes.

Toronto and New York are expected to open fairly flat.
 

	Latest	1 month ago	1 year ago
North America (previous session)
US Dow Jones	16,433.09 (+0.63 per cent)	-5.85 per cent	-3.26 per cent
TSX Composite	13,461.47 (-0.80 per cent)	-5.72 per cent	-13.33 per cent
Europe (at 6.05am ET)
UK FTSE	6,167.83 (+0.82 per cent)	-7.74 per cent	-9.39 per cent
German DAX	10,143.15 (+0.19 per cent)	-7.66 per cent	+5.10 per cent
Asia (at close)
China CSI 300	3,281.13 (-1.97 per cent)	-19.45 per cent	+34.56 per cent
Japan Nikkei	17,965.70 (-1.63 per cent)	-12.45 per cent	+12.65 per cent
Other Data (at 6.05am ET)
Oil (Brent)	Oil (WTI)	Gold	Can. Dollar
47.71 (-0.89 per cent)	44.53 (-0.22 per cent)	1106.30 (+0.27 per cent)	U$0.7556
			Aus. Dollar
			U$0.7120