Global Watch on Equity after Fed meet outcome

Asian stock markets fell on Thursday after the Federal Reserve increased rates and maintained most of its direction for additional hikes next year. Hang Seng Index declined up to 0.7 percent, the Shanghai Composite Index declined 0.41 percent, Nikkei 225 lower as much as 0.60 percent. 

Meantime, Italian debt rose after the European Commission (EC) decided against starting a disciplinary procedure over the country’s budget. Crude Oil fell about half the day’s gains. WTI crude shrinks less than 0.05 percent to USD 46.23 a barrel.

The Financial Times Stock Exchange Index (FTSE-100) is up 0.88 percent, while German stock index DAX is higher by 0.65 percent while France’s CAC-40 is up 0.46 percent.

The US dollar fell against most of its major counterparts. Further, trade remains the prime themes in the US.