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In Todays Market
U.S markets closed lower after a choppy session. Investors became anxious with the threat of falling oil prices and a strong devaluation of the Russian Ruble. Attention will now turn to today’s FOMC statement at the conclusion of a 2 day meeting. At session close the S&P 500 was 0.85% lower and the Dow Jones was 0.65% lower. Asian markets were mixed across the region. The Nikkei added 0.38% as the Japanese Trade Balance came out strong and showed a lower than expected deficit of 892 billion. The Hang Seng lost 0.42% as sentiment spilled over from the U.S session and investors focused on Russia and the FOMC statement. European markets are lower today ahead of the first round of elections in Greece. Currently, the FTSE 100 is down 0.66% while Germany’s DAX is off 0.48% and France’s CAC 40 is lower by 0.45%.