Daily Market Review 17th July 2013 Fundamental News Today’s highlights: · Average Earnings Index +Bonus + Claimant Count Change + MPC Meeting Minutes (GB, 09:30 GMT) · German 10-Year Bund Auction (Ger: 10:30 GMT) · Foreign Securities Purchases (Can, 13:30 GMT) · Building Permits + Housing Starts (U.S, 13:30 GMT) · Interest Rate Decision (Can, 15:00 GMT) · Fed Chairman Bernanke Testifies (U.S, 15:00 GMT) · BoC Monetary Policy Report (Can, 15:30 GMT) · BoC Gov Poloz Speaks (Can, 16:15 GMT) · FOMC Member Raskin Speaks (U.S, 17:30 GMT) Directors at the Federal Reserve’s district banks said last month U.S. housing was helping to generate moderate economic growth amid risks from fiscal cutbacks and high unemployment. “Directors viewed economic activity as continuing to expand at a moderate pace,” according to minutes released today in Washington summarizing the discussions. “Overall, directors continued to see downside risks to the outlook from the elevated unemployment rate and ongoing fiscal constraints,” according to an article publish by Bloomberg News. Read More...
Posted on: Wed, 17 Jul 2013 10:24:15 +0000
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