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Investors cautious ahead of ECB meeting

London (ap) - global market fluctuation on Wednesday, investors weigh the market expectations, the European central bank will be announced a plan to support economic weak country's 17 members of the euro zone economic data not beautiful strike.
The European central bank governor Mario Della auspicious on Thursday will publish a new bond purchase plan, aimed at reducing high borrowing costs, Spain and Italy's details. It's a long way to go, to stabilize the European financial crisis - in fact, the expected move boost market weeks.
According to the report, the program is expected to provide an unlimited commitment to buy bonds, and bond yields should be does not have the explicit goal.
But analysts warned that the plan faces a challenge. Want to accord with the central bank's help, for example, the state may accept their budget policy, governments of many countries have don't want to do.
"In the European central bank on Thursday meeting expectations high, perhaps too high, said:" Mary Diron, accounting firm ernst &young senior economic adviser.
UK FTSE 100 index closed down 0.3%, to 5657.86, and German DAX index rose 0.5% to 6964.69 points, French CAC 40 index rose 0.2% to 3405.79 point.
Asian index accept low, Wall Street small exploratory higher - the dow Jones index year-on-year growth of 0.3%, to 13072.72, and S&P 500 index rose 0.1% to 1406.49 point.
In the past days, the bad economic index has heavy on the area of the market - the United States manufacturing data below expectations, only a few days later, China this week reported on their own production slowdown.
Federal express (FedEx), as a global economic leaders, many investors see, warned on Tuesday night, the profit will be affected, because of its weak express business.
Investors will be looking Friday the United States non-farm employment data sign of life is the world's largest economies.
In the United States for signs of economic weakness, may help persuade the federal reserve meeting next week after the announcement of the new line moving.
Yellow vice President, "Jackson said," if we didn't see any good, positive catalyst, investors will be very reluctantly to buy shares, at this point, we are waiting for the European central bank, U.S. employment data and other important economic data in the us is seasonable Kingston securities in Hong Kong.
Other analysts warned that the central bank's action, in order to protect the volatility of the market at the end of the year may be too little.
"For the upcoming the European central bank and the federal reserve action will be enough to prevent risk aversion is questionable, especially when the market has melted a lot of potential action upgrade," calyon bank in Hong Kong, analysts said the market commentary.
Earlier, in Asia, Japan's nikkei 225 index dropped 1.1%, to close at 8679.82 point. Hong Kong's hang seng index fell 1.5% to 19145.07, South Korea's Kospi index fell 1.7% to 1874.03. Australia's S&P/ASX 200 index fell 0.6% to 4278.80 point.
On the commodity market, the benchmark October delivery crude oil contract rose 1 cents, to a barrel on the New York mercantile exchange electronic transaction $95.31. This contract fell $1.17 on the New York mercantile exchange in last Tuesday of $95.30 a barrel each completed.
In currency markets, the euro against the dollar rose $1.2571 to $1.2604 on Tuesday night in New York. The dollar fell to 78.34 yen, from 78.45 yen.




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