After a quarter marked by fairly solid performance, the world’s major financial markets came to a halt on Thursday. Investors, seeking new signals on US monetary policy and global economic health, remain cautious.
The Paris stock market opened down 0.53%, following declines on Wall Street the previous day. Frankfurt fell 0.30%, London 0.31% and Milan 0.24%. Traders are awaiting US statistics on GDP, durable goods orders and jobless claims to give the markets a clear direction.
A calmer pace in Asia
Asian indices, which had posted gains in recent weeks, took a break on Thursday. The MSCI Asia-Pacific ex-Japan index lost slightly, while the Nikkei gained another 0.2%, after jumping 7% in September and 13% over the quarter.
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