Yellen comments set to boost US markets

30 Ottobre 2015, di Redazione Wall Street Italia

Angus Campbell, senior analyst at FxPro

Once again mixed messages from Janet Yellen have presented investors with a binary situation on interest rates in 2015. The impression the market has taken from her speech at the University of Michigan last night is that it’s more likely than not that the Federal Reserve will start its monetary tightening this year, however they are keeping the door open to maintaining rates at their historical lows in case the global picture worsens . This means that investors need to not only monitor US data very closely, but the situation across the other major economies in particular Asia.”