The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Wednesday, August 21, 2013

Markets await FOMC minutes.

U.S. stock futures and European shares were lower at the time of writing, while Asian shares traded mixed, as markets awaited today's publication of the minutes of the latest FOMC meeting. Ten-year Treasury yields were slightly up at 2.83%. "The minutes should continue to reinforce this theme of tapering at the September meeting as long as the labor market holds up," says RBS's Michelle Girard. "They should also repeat another tune dear to FOMC hearts, 'tapering is not tightening.'"

No comments:

Post a Comment