Wednesday’s trading on world stock exchanges was marked by nervousness. Markets are awaiting a monetary policy decision from the Federal Reserve, but it came after the end of trading sessions in Asia and Europe.
Eastern Europe in positive numbersEuropean stock exchanges were split into east and west on Wednesday. While major Western floors headed into the red, Eastern Europe ended trading partially on the upside. The Warsaw stock exchange firmed the most, adding more than two percent compared to Tuesday. Vienna strengthened by less than a tenth of a percent, while Prague lost almost two-tenths
The Fed’s Influence on Investors
Of the Western stock exchanges, Paris and London weakened the most, by more than half a percent. The stock exchanges in Frankfurt and Madrid lost around three-tenths, and the pan-European Stoxx 600 index fell to the same extent. Trading was affected by investor nervousness due to the expected announcement of an interest rate hike by the US Federal Reserve. This was also the reason why trading in New York began with the decline. Initially, the technology index Nasdaq lost the most, at around half a percent. Asian markets went in all directions, with Hong Kong strengthening the most (2.4 percent), while Tokyo was a few hundredths of a percent stronger.
