Friday, October 27, 2017

Wall Street rose Wednesday. Fed protocols support the market

Wall Street rose Wednesday. Fed protocols support the market

published
last night the Fed meeting minutes
from 27 - 28 October showed that officials
regulator are more inclined to increase
rate in December than not. but
their unanimous opinion can not be named.


protocols
It reiterates that the decision will be
taken in whichever
what will be published by the
time statistics. but
in general, the majority of Fed leaders
convinced that it is possible to start the process
rise in interest rates.


Yesterday, during the
American session held public
performances by some of the voting members
FOMC. Their rhetoric is too
Overall it was to ensure that it is time to raise
bet. Dennis Lockhart (FRB Atlanta)
says that if there will be a significant
deteriorating economic conditions,
time to move to higher rates.
Uilyam Dadli (New York Fed) sure
that begin to increase long overdue
and "nothing wrong with that."


Wall Street indexes
They reacted to the FOMC minutes
very positive. DJIA
jumped to 1.42%; S P
500 rose 1.62%; Nasdaq added
1.79%. Investors see the Fed out of the news
increased confidence in the US economy. but
fly in the ointment has not done yesterday came
unexpectedly weak statistics
on the housing market. construction of new
houses fell by 11% in October
Compared with September, to a minimum of
the past 9 months. However, experts
market do not lose heart and do not explain it
decline, and stabilization after the sharp
recovery.


Today, the probability of
December's increase of interest
rate is estimated at 66% of the market.


Concerning
individual stocks, it grew by 3.2% Apple:
Goldman Sachs raised its recommendation on the
to 'recommend
to buy. "


continues
rising biotech sub-index
Nasdaq, on Wednesday
he added 2.9%. This is the fourth session
successively growing, e.g., capitalization
Biotech, which yesterday rose
3.4%.


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