Wednesday, September 25, 2013
Tuesday, September 24, 2013
Monday, September 23, 2013
Sunday, September 22, 2013
Wednesday, September 18, 2013
U.S. Fed To Maintain Asset Purchases At $85 Billion Per Month: Financials Daily - 19 September 2013
US Equities: U.S. equities rallied yesterday as the U.S. Federal Reserve maintained its quantitative easing programme of $85 billion per month which had helped the rally in Wall Street of more than 20 percent this year. Upon the announcement of the Fed maintaining of asset purchases, Dow Jones Industrial Average and S&P 500 rallied to all-time highs. The market was pleasantly surprised as speculation was that the Fed would reduce monetary stimulus by $10 billion per month. However, this also brought about concerns that the U.S. economy may not be recovering as well as thought to be.
Tuesday, September 17, 2013
Investors Cautious Ahead Of Outcome Of Fed's Two-Day Policy Meeting: Financials Daily - 18 September 2013
Investors Cautious Ahead Of Outcome Of Fed's Two-Day Policy Meeting: Financials Daily - 18 September 2013
Key events/data to look out for:
§ US: FOMC Rate Decision, Fed Pace of MBS Puchases, Fed Pace of Treasury Purchases, Initial Jobless Claims, Philadelphia Fed Business outlook, Existing Home Sales
§ UK: Retail Sales
§ Eurozone: Consumer Confidence
§ Japan: Trade Balance