Did I miss the news?

Tuesday, Aug 29 2017 by

Good morning,

Reading the news this morning, I expected markets to be a bit down-trodden with the recent North Korean missile issue. However, it seems that FTSE, DAX, CAC40 and IBEX (European including UK) are down significantly more than US or even asian indices.

While I welcome stock markets moving down as well as up, I like to try to understand why.

Re-visiting the news, all I can see is that EU is not rushing to offer UK everything on a silver platter, but this barely qualifies as news these days.

Any suggestions for the changes of the day?

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3 Posts on this Thread show/hide all

Patxi 29th Aug '17 1 of 3

The US markets are not open yet. Wait a bit longer before you judge how they will respond.

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Logic 29th Aug '17 2 of 3

In reply to post #213098

Right you are! Glad there was something simple that I overlooked, the current state of the indices makes a bit more sense now.

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Howard Marx 29th Aug '17 3 of 3
3

In reply to post #213113

Given that KOSPI, the representative stock market index of South Korea, fell only -0.2% overnight, I'd agree that the European falls look relatively large

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