10 Apr 2014
Sentiment supported by Fed - Danske Bank
FXStreet (Barcelona) - Sverre Holbeck, Senior Analyst at Danske Bank notes that market sentiment has been supported by Fed minutes.
Key Quotes
“Stocks rose following the release of the Fed minutes that pointed in a more dovish direction than previously expected. However, US stocks had advanced earlier in the session, supported by a good start to the Q1 earnings season.”
“Asian stocks took their cue from the performance on US bourses, despite the soft trade data released from China this morning. The data showed both exports and imports undershooting market expectations, but may have been subject to distortions.”
Key Quotes
“Stocks rose following the release of the Fed minutes that pointed in a more dovish direction than previously expected. However, US stocks had advanced earlier in the session, supported by a good start to the Q1 earnings season.”
“Asian stocks took their cue from the performance on US bourses, despite the soft trade data released from China this morning. The data showed both exports and imports undershooting market expectations, but may have been subject to distortions.”