01.05.2014 - Federal Reserve again reduced the amount of asset purchases

Another statement of the Federal Reserve on monetary policy did not bring surprises. The interest rate remained in the range of 0-0.25%. The volume of assets purchases decreased by $ 10 billion to $ 45 billion It was also noted that the world's largest economy continues to grow after slowing to 0.1% in the 1st quarter of this year, which was due to unusually cold weather in North America. According to Federal Reserve, despite the improvement in the labor market, the unemployment rate remains high and the housing market is still weak.

Despite the controversial statistics and the Fed statement, the U.S. stock market yesterday showed a slight increase. Let us recall that the major stock indexes of America are near historic highs and now remains less drivers for further growth. In this regard, we confirm our long-term negative outlook for the U.S. stock market.

Federal Reserve Bank

Wish you the profits!

FXFINPRO Capital Analytical department.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.