Global shares trade mixed as markets eye Fed decision
[September 15, 2025] By
YURI KAGEYAMA
TOKYO (AP) — Global shares were trading mixed Monday, as markets looked
ahead to a possible move by the U.S. Federal Reserve later this week to
cut interest rates.
France's CAC 40 jumped 1.2% in early trading to 7,915.30, while the
German DAX gained 0.6% to 23,838.03. Britain's FTSE 100 was little
changed, inching down less than 0.1% to 9,282.51. U.S.
U.S. shares were set to drift higher with Dow futures gaining 0.2% to
46,287.00. S&P 500 futures rose nearly 0.1% to 6,650.50.
In Asia, Hong Kong's Hang Seng added 0.2% to 26,446.56. The Shanghai
Composite edged down 0.3% to 3,860.50.
Worries are simmering about China's economy, as analysts say the data
for August aren't strong enough to reflect ongoing dynamic growth,
especially given the damage from U.S. President Donald Trump's tariff
policies.
“China’s economy continued to slide in August, with all key activity
readings falling short of market forecasts once more,” Lynn Song of ING
Economics said in a report.
“Given the slowdown of the past few months, we expect that there’s a
strong case for additional short-term stimulus efforts,”
China's retail sales rose 3.4%, a 12-month low that was down from 5.7%
in July and 6.8% in June. Retail sales rose 3.4%, the slowest pace since
last November.
“The underlying flow is shifting. For years, Beijing leaned on exports
as the carry trade that kept growth rolling even as property cracked.
But with Trump’s tariffs slicing through supply chains, that leg of the
trade is gone,” said Stephen Innes, managing partner at SPI Asset
Management.
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A dealer watches computer monitors near the screen showing the Korea
Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank
in Seoul, South Korea, Monday, Sept. 15, 2025. (AP Photo/Lee
Jin-man)
 Australia's S&P/ASX 200 lost 0.1% to
8,853.00, while South Korea's Kospi gained 0.4% to 3,407.31. Stock
trading was closed Monday for a national holiday in Japan.
Expectations are growing that the U.S. Federal Reserve will cut its
main interest rate for the first time this year at its meeting this
week. That means that, if the interest rate cut doesn't happen, the
market could drop in disappointment.
In energy trading, benchmark U.S. crude rose 31 cents to $63.00 a
barrel. Brent crude, the international standard, added 27 cents to
$67.26 a barrel.
In currency trading, the U.S. dollar inched up to 147.67 Japanese
yen from 147.65 yen. The euro cost $1.1734, little changed from
$1.1732.
___
Associated Press writer Ken Moritsugu in Beijing contributed to this
report.
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