Daily market report from MarketsWorld.Com 30th April 2015

 

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Stocks in the US ended Wednesday’s volatile session lower after the Federal Reserve left open the chance of an interest-rate hike as early as June. Market expectations however remain for a rate hike later in the year following poor economic indicators over the past several months. In the Federal Reserve’s latest statement it expects the US economy to rebound and attributed a slowdown in the first quarter to transitory factors. Economic data showed that the US economy grew at just a 0.2% annu …….. Continue reading

 

Daily market report from MarketsWorld.Com 10th April 2015

 

Market-Report-e1434528767382

 

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European markets ended in positive territory on Thursday as investor sentiment was boosted by Greece meeting the deadline to repay the debt of €460m to the International Monetary Fund and as data showed improvement in the country’s economy. Greek finance minister Yanis Varoufakis expressed his frustration with the lack of progress on reforms needed to please its creditors in order to unlock further aid. In good news for the struggling nation, the annual rate of deflation slowed to 2.1% in March from 2.2% in …….. Continue reading

 

Daily global market report from MarketsWorld.com : 9th April 2015

 

Market-Report-e1434528767382

 

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US Stocks closed slightly higher on Wednesday in a volatile trading session after the release of Federal Reserve meeting minutes where several Federal Reserve officials had favoured a June rate hike. Even though several members seemed to support a June rate hike back in mid-March, the meeting minutes don’t reflect a batch of weaker economic reports, including last Friday’s jobs data, signalling a softness in the US economy. Ahead of the release of the minutes, New York Federal Reserve President William Dudley …….. Continue reading