International Market Updates

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At its first monetary-policy meeting with Janet Yellen as chairman, America’s Federal Reserve adjusted its forward guidance, dropping its re.....

Executive Summary


  • At its first monetary-policy meeting with Janet Yellen as chairman, America’s Federal Reserve adjusted its forward guidance, dropping its reference to a 6.5% unemployment rate as a threshold for considering a rise in interest rates.

  • Employers added more workers than projected in February, indicating the U.S. economy is starting to shake off the effects of the severe winter weather that slowed growth at the start of 2014.

  • The European central bank left interest rates at 0.25% despite data showing very low inflation.

  • The Eurozone PMI came in at 53.3 at the fastest pace this year. In Germany factory orders were seen rising 1.2% compared to the previous month’s fall of 0.2% giving credence to a mild recovery in Europe’s Largest Nation.

  • Major Asian markets, ex-India, took a hit in March as foreign investors withdrew billions from the region.

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International Market Updates

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