The Federal Reserve’s decision to keep monetary policy unchanged leaves investors alert. The September meeting was followed by lower activity on equity and commodity markets.
In Friday session the major European indices and commodity quotes showed a decline. Thus, German DAX 30 lost 3% to 9,916. Meanwhile, French CAC 40 slid 2.6% and reached 4,535, British FTSE 100 dropped 1.3% to 6,104 level, and both Italian FTSE MIB and Spanish IBEX fell by 2.6%. Russia’s RTS Index is down by 0.8% and MICEX Index declined by 1.1%.
At the same time, the US stocks extended fall as well. DJIA, S&P 500, and NASDAQ Composite opened in a negative territory and shed 1.2/1.5% by the end of the day.
COMEX Copper futures declined by 2.8%. Meanwhile, Brent and WTI crude oil prices dropped by 2 and 3.6%, respectively.
