September 17, 2014 - Market News Daily
U.S stocks closed higher since there were gains in energy shares and there's speculation that the Fed will keep interest rates low for an extended period of time.
European markets are higher as well after the CPI for the Eurozone was better than expected and showed an increase of %0.4 during the past year.
The Asian markets didn't so as well as the U.S and European ones. The central bank transfered 500 billion Yuan to the banking system in order to support growth, which made The Hang Send to grow by %1. The FOMC statement however made investors hesitant, which caused The Nikkei to drop by %0.14.
The WTI Crude climbed yesterday following the comments from OPEC's Secretary General. Gold is doing badly and at an 8 month low as the Fed should release its statement soon. It seems like there's a good chance that the metal will go even further down.
