This article was first published on FXTM Global.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -

When markets are down and feeling blue, trust the Fed to come to the rescue.Such has been the apparent refrain guiding Wall Street, with US stocks erasing opening losses and ending Monday in positive territory after the Federal Reserve revealed how it will buy individual corporate bonds while opening its lending programme for US businesses. The Fed’s tremendous support for the US economy has lifted investor sentiment, with Asian stocks following in Wall Street’s footsteps as the Hang Seng index opened with a gain of 2.6 percent.[[{"fid":"11474","view_mode":"default","fields":{"format... Read More

To keep reading this article, please navigate to: FXTM Global.

Tagged on: