St George Economics economy and finance update
THE keenly awaited testimony from Fed Chairman Bernanke failed to shed much light onto the future path of stimulus.
THE keenly awaited testimony from Fed Chairman Bernanke failed to shed much light onto the future path of stimulus.
STOCKMARKETS were boosted on hopes the Fed will continue with its quantitative easing program.
SENTIMENT weakened with the run of US economic data failing to meet expectations.
EUROPEAN stocks gained ground on upbeat earnings results, shrugging off disappointing German investor sentiment data.
US equity markets nudged to new records with the Dow again closing above 15,000.
THE US stockmarket had a positive session, with better than expected industrial data from Germany boosting sentiment.
US equity markets were weaker as US manufacturing data weakened and the US Federal Reserve hinted that it may have to maintain its stance for longer.
SHARE markets continued to be well-supported given hopes of further monetary policy easing.
SENTIMENT was broadly positive, despite some disappointing data from the US.
SHARE markets were lacklustre, and were weighed down by disappointing US data.
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