The Fed aftershocks continue to reverberate

  • German DAX futures -0.4%
  • UK FTSE futures -0.5%
  • Spanish IBEX futures -0.2%

This mirrors the mood in US futures, where S&P 500 futures are down 0.3% and Nasdaq futures down 0.4% currently. That continues the softer tone from yesterday after the Fed brought forward rate hike projections.

In Asia, the Nikkei closes down 0.9% at 29,018.33 while the Topix ends the day down 0.6% at 1,963.57. The BOJ is still likely to stay on the sidelines for now.

Elsewhere, the Hang Seng is down 0.1% while the Shanghai Composite is up 0.1%.