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Tsikot Member Rank 2
- Join Date
- Nov 2002
- Posts
- 1,326
August 22nd, 2013 02:04 PM #222anak ng... umakyat uli 44!!! why oh why? FED minutes? ano nga ba ang statement ng FED?
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August 22nd, 2013 02:33 PM #223
looks like almost everyone at the Fed is comfortable with winding down QE
FRB: FOMC Minutes, July 30-31, 2013
In looking ahead, meeting participants commented on several considerations pertaining to the course of monetary policy. First, almost all participants confirmed that they were broadly comfortable with the characterization of the contingent outlook for asset purchases that was presented in the June postmeeting press conference and in the July monetary policy testimony. Under that outlook, if economic conditions improved broadly as expected, the Committee would moderate the pace of its securities purchases later this year. And if economic conditions continued to develop broadly as anticipated, the Committee would reduce the pace of purchases in measured steps and conclude the purchase program around the middle of 2014.
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August 22nd, 2013 02:44 PM #224
BBC News - Asia's emerging markets and currencies hurt by Fed minutes
Shares and currencies in emerging Asian economies were hit by fears that US may scale back its bond-buying programme.
Stocks in Indonesia, Thailand and the Philippines fell, with the Philippine Stock Exchange down by more than 6%.
India's rupee hit a new all-time low, while the Indonesia rupiah fell to its lowest level since 2009.
The programme has been used by the US Fed to boost liquidity in the market, a part of which has flowed into Asia, lifting assets price in recent years.
On Wednesday, the minutes of the July meeting of the US central bank, the Federal Reserve, showed that officials were "broadly comfortable" with plans to scale back the $85bn (£54bn) a month bond-buying programme.
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Tsikoteer
- Join Date
- Apr 2004
- Posts
- 653
August 22nd, 2013 07:06 PM #226Bloody thursday. Psei plummetted 389.22pts to 6136.73..still managed to salvage 5 figure profit out of 50% of my funds redeemed during last trading day last week..paper losses na muna for the rest though it can be recovered by buying at low prices from redeemed puhunan..
All things considered, wait and see for now..
What's showing in cinemas..?
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August 22nd, 2013 07:06 PM #227
Walandyo,- palibhasa earning $$$ ka, bro....
Pero, sa akin,- okay rin lang,- wala naman talagang benefit ang mas mataas na P vs. $,- mahal pa rin ang bilihin dahil swapang ang mga tao rito sa kita....
With higher $ vs. P,- mas magiging attractive ang investment dito sa Pilipinas...
Sige! Hala!
20.6K:hook1:
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August 22nd, 2013 07:08 PM #228
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Oo nga noh, hindi pa pala bagong generation yung mga models na dinadala nila rito. Pero in...
China cars