Friday, May 31, 2013

Global Stocks and Global Forex Market End Volatile Week on a Soft Note, FTSE Falls But on for Strong Monthly Gain

Global Stocks and global forex market end volatile week on a soft note, Investor sentiment and forex trader "view" supported after US first-quarter GDP is revised downwards, this condition helping to ease fears that Federal Reserve could taper off its bond buying programme

FTSE stocks latest update we reported, FTSE falls but on for strong monthly gain, London's FTSE 100 remains on course to book a robust gain for the month, even if it is looking tired as its last session starts

Meanwhile, global stocks being volatile, US stocks rise despite downbeat data, as reported, The S&P 500 rose 0.4 per cent to 1,654.41, as disappointing US data contradicted other signs that the US economy was steadily improving