Thursday, April 26, 2012

Fed sees economy growth recovering gradually, Stocks remain higher and Treasury yields move up slightly

Latest daily forex news and stock for picks have a great Positive comment from the Fed, Fed sees economy recovering gradually, Officials leave monetary policy unchanged as they upgrade their forecasts for US economic growth and suggest interest rates could rise sooner than expected

And now Markets firmer after Fed statement, Stocks remain higher and Treasury yields move up slightly after the US central bank says the world's largest economy will improve 'gradually'

Meanwhile, Bo's brother quits China Everbright board, Elder brother of purged Chinese politician steps down in the first sign that political crisis is spreading to businesses related to his clan, its just politican view

Corporate news we reported, GE suffers activist shareholder revolt
Investors in the US industrial group almost approved a measure giving them more control over the company, against the wishes of the board

Another economic news, US banker pleads guilty to China bribes, The former Morgan Stanley adviser admitted conspiring to evade the bank's internal controls to win lucrative real estate investments

Latest update from Beijing we report, China tightens grip on social media, Country's largest microblog service shuts four accounts in an effort to stop online political rumours that could threaten government's grip on power

Latest news from ECB President Mario Draghi calls for Europe 'growth compact', ECB chief strikes a more downbeat tone than even a few weeks ago, scaling back his hopes for an early economic rebound in the single currency bloc

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