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Thursday, 19 December 2013

Global Stock markets shoot back up on Fed commitment

It was shown just how 'sensitive' the market is to even the slightest statements or actions. The United States Federal Reserve has released statements and decisions ensuring market enthusiasts and stakeholders that they will restrict the stimulus content in the Fed during January. As a results of this, markets around the world have shot up.
Here is an extract of the closing prices in the market lately:
http://www.bbc.co.uk/news/business-25442514
As it is shown, the prices have gone up significantly. This was just on a decision or statement, when action will be taken towards this, The iBusiness Times predicts instead of going up by maximum 1.83% in this case, the jump should be around 2.3%. This will be brilliant for buyers, as share prices will go up.
Let us hope the Fed will deliver.

Source(s):
http://www.bbc.co.uk/news/business-25442514

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