Showing posts with the label ADVFN III Morning Euro Markets Bulletin -September 26

ADVFN III Morning Euro Markets Bulletin -September 26, 2012-.

ADVFN I I I Morning Euro Markets Bulletin   Daily world financial news Wednesday, 26 September 2012 London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts Stocks tumble on QE3 efficacy fears Market Movers techMARK 2,125.92 -0.77% FTSE 100 5,816.79 -0.73% FTSE 250 11,806.03 -1.05% The old adage about the US sneezing and the UK therefore catching a cold is as apposite as ever with the UK market opening lower after a non-voting member of the US Federal Reserve member cast doubts over the efficacy of the Fed's asset purchase programme. "We are unlikely to see much benefit to growth or employment from further asset purchases," said Charles Plosser, the President of the Philadelphia Fed Bank. Plosser also suggested that short-term interest rates will need to be hiked earlier than the currently envisaged time frame of the middle of 2015. Altho