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Asian stock markets rise after Fed chief’s speech (AP)

AP – Asian stock markets rose Monday after Federal Reserve chief Ben Bernanke’s prediction that the U.S. economy will eventually return to full health fueled gains on Wall Street. Related Reading:Asian shares slip ahead of Fed meeting (Reuters)European stocks, euro firm (AFP)Market stalls but investors not panicked (Reuters)Nasdaq at 10-year high as stocks extend gains [...]

August 29 2011 | Posted in Stocks | Read More »

Stock futures dip on weak growth before Fed speech (AP)

AP – U.S. stock futures fell early Friday after the government said that the economy grew at a dismal 1 percent annual pace this spring, slower than previously estimated. The downward revision is likely to add to handwringing over the potential of another recession. Related Reading:US stocks mixed after earnings reports (AP)Stock futures mixed as [...]

August 26 2011 | Posted in Stocks | Read More »

Stock futures waver before Fed speech, growth data (AP)

AP – U.S. stock futures are swerving between small gains and losses as traders await fresh economic data and a major speech by Federal Reserve Chairman Ben Bernanke. Related Reading:Stock futures dip on weak growth before Fed speech (AP)World stocks cautious ahead of Fed (AP)Stock futures cut losses after GDP (Reuters)US stocks mixed after earnings [...]

August 26 2011 | Posted in Stocks | Read More »

Volatility Following Federal Reserve Interest Rate Decision

EUR/USD The Euro was generally confined to a 1.4200 – 1.4280 range during the European session on Tuesday as major volatility and a lack of confidence in both currencies maintained a high degree of caution. The Euro lost ground when equity markets weakened, but selling pressure was held in check. There was also high volatility [...]

August 10 2011 | Posted in Forex | Read More »

Summary Box: Stocks sink after Fed voices caution (AP)

AP – BERNANKE: Bernanke said that some of the problems plaguing the economy such as weakness in the financial industry and the housing market “may be stronger and more persistent than we thought.” Related Reading:Stocks slip after Fed trims economic forecasts (AP)Wall Street cuts losses, S&P briefly positive (Reuters)World stock markets down ahead of ECB [...]

June 22 2011 | Posted in Stocks | Read More »