Thursday, March 29, 2018

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update March 29, 2018
NEWS
LONDON, March 29 (Reuters) - Stock markets and other riskier assets steadied on Thursday as investors dusted themselves down after a woeful week for the tech sector, readying for what was set to be the first quarterly drop in global equities in two years. Banks and consumer stocks helped Europe's ...
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RIYADH, Saudi Arabia, March 29, 2018 /PRNewswire/ -- The Saudi Stock Exchange (Tadawul) is pleased that FTSE Russell announced today that Tadawul will be classified as a "Secondary Emerging" market in the FTSE Global Equity Index Series from its previous status as "Unclassified".
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"In the near term, the current favourable domestic economic conditions, perceived housing shortage, low mortgage rates and alternative sources of home financing will continue to support demand for property – but the recent sell-offs in global financial markets may dampen property market sentiments.".
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In 2012, as the U.S. stock market was rolling over, the Federal Reserve unleashed its most ambitious electronic money-creating scheme yet: Open-ended QE3. The Fed bought hundreds upon hundreds of billions in government obligations with currency credits created out of thin air, pushing borrowing ...
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