World stock markets upbeat on Fed Rate Cut Hopes

Date October 10, 2007

The World stock markets remained upbeat, continuing last weeks trend, on expectations of another rate cut by FED. The opinion among analysts tracking this space is that, the FED will continue rate cuts as the US economy its slows down. Emerging markets led by Asia are touching new highs almost every week. MSCI’s world stock index and the emerging market stock index touched an all time high today.

Category Posted in World Stock Markets