“The US economy is stable (but) it has significant headwinds. You’re looking at tremendous uncertainty,” he said, pointing to the looming US presidential election, the question of when the Federal Reserve will raise interest rates and what effect that will have on the dollar.
Posts tagged MC
Global economy uncertain, fragile, fragmented: EY (19-11-2015)
Federal Reserve leaves itself a little room — just in case (19-11-2015)
A summary from the most recent Federal Open Market Committee meeting in October contained the expected nod toward raising the key funds rate in December so long as conditions warrant.
Japan exports fall in October for first time in 14 months (19-11-2015)
Exports slumped 2.1 percent from a year earlier in October, while imports fell 13.4 percent, data from the Ministry of Finance showed on Thursday.
Upbeat global cues to propel Nifty to open in green (19-11-2015)
Asian markets have taken the strong overnight cues and are trading well in the green this morning. The Nikkei is at 3-month high ahead of the bank of Japan’s decision on interest rates following a two-day meeting.
Bull’s Eye: Buy EIL, Havells, Dabur, Marico; sell Hindalco (19-11-2015)
Shahina Mukadam, Independent Market Expert advises buying Dabur India with a target of Rs 274.
Vodafone approaches govt for conciliation in tax dispute (19-11-2015)
“Vodafone has, in a written communication, expressed its desire to go for conciliation for its tax disputes with India,” Adhia tweeted.
CCEA decisions to revive economy, boost investor mood: CII (19-11-2015)
“The Cabinet decisions are targeted at revival of the economy and would go a long way towards boosting investor sentiments,” CII President Sumit Mazumder said in a statement.
Wall St rises after Fed minutes solidify Dec rate hike bets (19-11-2015)
The Dow Jones industrial average rose 247.66 points, or 1.42 percent, to 17,737.16, the SP 500 gained 33.14 points, or 1.62 percent, to 2,083.58 and the Nasdaq Composite added 89.19 points, or 1.79 percent, to 5,075.20.
Asian mkts traded in green; Nikkei inches closer to 20,000 (19-11-2015)
Asian equities opened higher on Thursday after US markets reacted positively to the release of Federal Reserve’s October meeting minutes that signaled a likely interest rate hike in December.
ASX, Kospi opens in green; Nikkei hits 3-month high (19-11-2015)
Asian equities opened higher on Thursday after US markets reacted positively to the release of Federal Reserve’s October meeting minutes that signaled a likely interest rate hike in December.