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  • Stocks in the US started off on a positive note after the Nikkei rallied nearly 2%, retracing some of the large declines seen from the middle of May to the tail end of June.  Mid-day stock began to trade on the defensive and closed lower with the Nasdaq and S&P 500 barely changed. Fed officials

  • Henryrooto Henryrooto
    Stock market » Stocks rally on strong US data
    Finances - June 26, 2013, 09:17 GMT

    US stock markets were able to start on a positive note on the back of statements from two different central banks that attempted to calm the volatility in the capital markets. Prior to the opening bell, US officials released housing and manufacturing data that helped lift stocks. Commodity prices were able to rebound as the

  • Henryrooto Henryrooto

    By the closing bell in US trading yesterday, the markets appeared to stabilize as investors around the globe had time to digest and act upon the clearest indications that the Federal Reserve is to begin scaling back stimulus programs in the coming months, possibly by September. Investors came out from the sidelines and snapped up

  • Henryrooto Henryrooto
    Business » Global stocks down as Dollar gains
    Finances - June 20, 2013, 19:33 GMT

    European and US trading saw the Greenback make strong gains against its major counterparts as the fall out from yesterday’s Federal Reserve policy meeting meant risky investments such as stocks and commodities all registered large falls. What is being seen as a major turning point for the USD, the common consensus amongst the markets, is

  • Henryrooto Henryrooto

    Ahead of the Fed decision on interest rates, equity markets in the US remained subdued, as the statement from Chairman Ben Bernanke commanded investors’ attention. Although most analysts and investors expected no change to the FOMC’s view of interest rates in the immediate term, and decision to taper the current bond purchase program would be

  • Henryrooto Henryrooto

    Equity prices in the US rallied prior to the opening bell and continued to show strength throughout most the trading session. Investor’s sentiment was positive ahead of Wednesday conclusion of a two day Federal Reserve meeting in which Chairman Ben Bernanke is scheduled to make a statement and engage in a question and answer session

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