Global Market Report - March 21

World market reaction to last night's Federal Reserve meeting was cautious

James Gard 21 March, 2019 | 10:29AM

Global Market Report

Asia

Markets in Asia took their cue from a cautious US equity reaction to the Federal Reserve’s latest guidance on interest rates and the global economy. Chinese markets moved higher but Hong Kong stocks slipped, following Wall Street’s lead.

Tencent (00700) shares fell after a sharp fall in profits in the most recent quarter.

Japanese inflation is expected to come in at 0.30% on a yearly basis for February.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Next PLC5,030.00 GBX3.54
Tencent Holdings Ltd518.50 HKD3.99

About Author

James Gard  is content editor for Morningstar.co.uk

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