30 Aug '11, 11pm

Aug 9th FOMC unfolded

Aug 9th FOMC unfolded by Patrick See on August 31, 2011 The US confidence index deteriorated sharply to 44.5 from a revised 59.2 in July 2011 – another bad news. The current index is the lowest level since April 2009. US markets fell the initial hour in a knee jerk reaction. On Monday, US markets were up more than 200 points as the US Spending data exceeded the consensus. As the minutes of FOMC was released for the Aug 9th meeting, US major indices broke thru the 11,600 (Dow) 1,210 (S&P) and 2,560 (Nasdaq) resistance. Briefly, though the Fed remains deeply divided on more easing the minutes showed that some Fed officials called for a more aggressive response to the economy’s slowdown. As you probably know, they announced to keep rates low till mid 2013 and agreed to consider more options at the next Fed meeting on Sept 20-21 2011. We’ve had weak numbers for the past … Read...

Full article: http://thefinance.sg/2011/08/31/aug-9th-fomc-unfolded/

Tweets

Daily SG: 31 Aug 2011 #sgdailynews

singaporedaily.net 31 Aug '11, 3am

- Shih Tung’s WordPress Blog: Flash results – Micropolling results of Presidential Elections 2011 - Catherine Lim: The Pre...

Links - 9th September 2011

gssq.blogspot.com 09 Sep '11, 7am

"Duct tape is like the force. It has a light side, a dark side, and it holds the universe together...." - Carl Zwanzig ***...

Winner's Circle: Aug. 22-28, 2011 | Golf News at Golfweek

Winner's Circle: Aug. 22-28, 2011 | Golf News a...

golfweek.com 29 Aug '11, 7pm

Brittany Lincicome, from the United States, tees off on the first hole during the final round of the Canadian Women's Open...

9th Sept for Gegirl – 7 Years!

9th Sept for Gegirl – 7 Years!

redmummy.com 09 Sep '11, 12am

ni ler gambar paling latest, caftan merah, lawa takkkkkkkkkkk?? Patut dikembangkan tangan tuh. coz of her red caftan ni le...

Utility hand out Landis+Gyr meters via @Busines...

businessgreen.com 31 Aug '11, 1pm

British Gas is to start rolling out smart meter systems to customers as part of government plans to install the energy eff...