Federal Reserve policy to stimulate the release of U.S. stocks have not rebounded European stocks were mixed

BEIJING, Aug. 10 (Xinhua) Beijing early this morning, the Fed issued a statement declaring zero to maintain a low interest rate of 0.25% until at least mid-2013, and that future U.S. economic growth may slow further, making the market fears sentiment has increased. 9 However, the stock market ushered in a wave of New York rising trend, while European stock markets, the London and Paris stock index also appeared rebound.
The Fed is still unable to release stocks rebound stimulus
The Fed issued a statement this morning, will remain zero to 0.25% of the current federal funds rate unchanged, the low interest rate policy will be maintained until at least 2013. The Fed statement is expected, the United States, there are downside risks to economic outlook, economic growth rate was significantly lower than expected, but did not suggest to start a new round of quantitative easing policy.
9, after the U.S. stock market opening, ushered in a wave of rising trend, but is considered to be based on the correction or crash the day before the follow-up buying. But then the Fed's worries about the market position has increased, rose, fell by the New York Stock Exchange, but close to New York late in the stock market has ushered in a wave of rising.
New York Stock Exchange, the Dow Jones Industrial Average index over the previous trading day up 429.92 points to close at 11239.77 points, or 3.98%. Standard & Poor's 500 index rose 53.07 points to close at 1172.53 points, or 4.74%. The Nasdaq composite index rose 124.83 points to close at 2482.52 points, or 5.29%.
The international oil prices continue to decline in the 9th, almost a year since the New York market, oil prices fell below $ 80 a barrel mark for the first time. By the Fed's failure to release more stimulus policies, oil prices dropped sharply near the close, dropping the lowest end $ 75.71 a barrel to close at $ 79.30 a barrel, down 2.47%. London, September Brent crude oil (81.33, -0.75, -0.91%) futures fell $ 1.17, to close at $ 102.57 a barrel, down 1.13%.
European stock markets were mixed in Paris London pick-up
Standard & Poor's lowered the credit rating due to the emergence of the United States of the European stock market crash, 9 closing situation appears mixed.
London "Financial Times" 100 stock price index 9, the average rise, to close at 5164.92 points, up 95.97 points the previous day, or 1.89%. 8, "Financial Times" 100 stock index had an average price fell sharply to close at 5068.95 points.
Paris CAC40 stock index opened higher after 9 fluctuated, late to close at 3176.19 points, compared with previous trading day up 51 points, or 1.63%. The index fell in the 11 consecutive trading days after finally turned up.
Frankfurt DAX index plunged 5.02% following 8 to close at 5923.27 points, down 6.19 to 9 points, or 0.10 percent, to close at 5917.08 points.
China's stock market decline narrowed the lead to pick up the Asia-Pacific
Along with China in July of each macroeconomic data available in the financial, real estate, backed by the weight plates, 9 the Shanghai Composite Index has fallen sharply, opening the way up, the final stock index reported 2526.07 points, edged down 0.75 points, or 0.03% ; Shenzhen Component Index reported 11315.08 points, was up 2.45 points, or 0.02%.
South Korean stock market started the second consecutive day the temporary suspension of measures, but the composite index hit a new low after the steady rise, closing at 1801.35 points, down 68.10 points. The Nikkei 225 index opened sharply lower in early trade after the shock rebound, eventually closing at 8944.48 points, down 153.08 points, or 1.68%.
Taiwan's weighted index fell 59.68 points, or 0.79%; Hong Kong Hang Seng index also showed steady trend in the lower opening 1280, the intraday decline was close to 8%, followed by stock index volatility rose to close to close at 19,330 points, down 1159 points, down 5.66 %.
China's State Council of measures to deal with international financial situation
9, Chinese Premier Wen Jiabao chaired a State Council executive meeting to analyze the current international financial situation and its impact, study and formulate responses. It was noted that the current turmoil in international financial markets sharply, the world economic recovery, uncertainty, instability increased. We should calmly observe calmly, to guard against the risk of preparation.
Meeting that this year China's economic and social development has maintained a good momentum. Macroeconomic policies to maintain the continuity and stability, improve the policy relevance, flexibility, forward-looking, truly grasp the intensity of macroeconomic regulation and control, rhythm and focus of the handle to maintain stable and rapid economic development, economic restructuring, management the relations between inflation expectations, down to the price rise, to maintain stable and rapid economic growth. Continue to take comprehensive measures to maintain economic and financial security.
The meeting stressed that China supports relevant parties for the financial stability and economic growth efforts in support of the Group of 20 finance ministers and central bank governors on the stability of financial markets, a statement calling for countries to effectively take a responsible fiscal and monetary policies to reduce deficit, properly handle the debt problem, to maintain safe and stable operation of the market investment and maintain the confidence of global investors. The international community should strengthen communication and coordination of macroeconomic policies to promote the realization of the world economy is strong, sustainable and balanced growth.
The Vice Premier Wang Qishan on the 9th and the U.S. Treasury secretary also call on the current world economic situation, the international exchange of views on financial markets.