The eurozone cleared a key hurdle towards
resolving its debt crisis, after Germany's constitutional court allowed a
permanent bailout fund to go ahead. US Federal Reserve could soon decide to
unleash more stimulus cash, or quantitative easing, at its latest monetary policy
meeting.
Markets have been speculating for weeks
whether or not the U.S. central bank will announce fresh stimulus measures. Markets
were eyeing the outcome of the Fed’s policy meeting today, amid growing
speculation that the U.S. central bank may implement a third round of
quantitative easing to support growth. European stocks are expected to start
flat as investors hold their breath ahead of the U.S. Federal Reserve's rate
decision. Profit taking continues ahead of the Fed decision.
Read
lot more in Rubber4U – 15th September 2012 issue
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