• European stocks close: stocks closed mixed ahead of the Fed's interest rate decision today

Market news

17 September 2015

European stocks close: stocks closed mixed ahead of the Fed's interest rate decision today

Stock indices closed mixed ahead of the Fed's interest rate decision today. The results are scheduled to be released at 18:00 GMT. According to analysts' forecasts, the Fed will not raise its interest rate in September due to concerns over a slowdown in the global economy and low inflationary expectations in the U.S.

The Office for National Statistics released its retail sales data for the U.K. on Thursday. Retail sales in the U.K. increased 0.2% in August, in line with expectations, after a 0.1% rise in July.

The higher growth was partly driven by higher sales of clothing and footwear, which climbed 2.3% in August.

Food sales fell 0.9% in August.

On a yearly basis, retail sales in the U.K. climbed 3.7% in August, missing forecasts of 3.8% increase, after a 4.1% rise in July. July's figure was revised down from a 4.2% gain.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,186.99 -42.22 -0.68 %

DAX 10,229.58 +2.37 +0.02 %

CAC 40 4,655.14 +9.30 +0.20 %

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.