Wednesday, June 20, 2012

London stocks trade a shade lower as investors wary ahead of Fed decision and Bank of England stimulus program

Many Investors and stocks traders wary ahead of Fed decision, market and global index sentiment improves after G20 leaders pledge to support economic growth, while investors also await outcome of Fed meeting for upcoming financial recovery program
From London stocks exchange we reporting, Retailers keep FTSE under pressure, London stocks trade a shade lower as investors nervously await clues on further stimulus from the Federal Reserve and Bank of England, they are just waiting

Latest update from G20 forum, G20 bid to cut eurozone borrowing costs, Angela Merkel said to be uncommitted but 'may be willing to do more' after meetings held at G20 summit in Mexico

From the biggest bank in United States of America, Bank of America jumps on Merrill unit sales talk, their financials reverse losses and materials stocks lead gains on Wall Street, while the telecommunications sector was the worst-performing subgroup

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