Tuesday, March 18, 2008

Markets await Fed's action

La Nacion - Argentina: La crisis financiera internacional - Expectativa en los mercados a la espera de la decisión de la Fed - La Reserva Federal decidirá hoy si vuelve a rebajar la tasa de interés de referencia; fuerte rebote en las plazas europeas y asiáticas; una corrida bancaria hundió ayer a las bolsas.

Wall Street Journal:
Stocks Rise, With All Eyes on Fed[Go to article]
Stocks climbed amid investors' eager anticipation of a Federal Reserve rate cut and better-than-expected earnings from top investment banks. Markets in Asia and Europe rose. 10:34 a.m.



El País, Madrid:
Ganancias en las bolsas a la espera de que la FED recorte los tipos

Los parqués europeos y asiáticos rebotan tras la jornada negra de ayer.- La Reserva Federal bajará hoy de nuevo los tipos para calmar los mercados

The Times of South Africa: Rand firms ahead of the Fed.

New Zealand Herald: "
There was an absence of buying as cautious investors awaited developments, including quarterly earnings from US financial firms and a Federal Reserve meeting expected to yield hefty US rate cuts."

RTE Business
- Ireland: "
World stock markets rose strongly this afternoon with investors widely expecting the Federal Reserve to cut US interest rates yet again."

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