O mercado que estava a subir cheio de esperança antes da FED ... começou a hesitar apos o comunicado reduzindo os ganhos:
North American markets slide after Fed statement
2011/08/09 | Shawne McKeown and Marcia Chen, CityNews.ca
The United States Federal Reserve announced Tuesday afternoon it would keep interest rates near zero for at least another two years amid worsening economic conditions.
“To promote the ongoing economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to keep the target range for the federal funds rate at zero to one-quarter per cent,” the central bank’s board of governors said in a statement Tuesday afternoon.
North American markets responded with a slight drop after regaining some ground earlier in the day.
After days of steep declines in stock markets around the world, the S&P/TSX composite index had surged 341.15 points or three per cent to 12,012.11 in mid-morning trading. But it was trading up only six points after the Fed announcement.
The index suffered a near 492-point drop Monday and has fallen almost 14 per cent just since July 22, reflecting a lack of confidence that political leaders and central bankers can manage Europe's debt crisis and mounting expectations of the United States going back into recession.
Wall Street experienced significant drops as well in recent days. The Dow Jones industrial average posted a 634-point plunge Monday -- its sixth biggest single-day loss -- on the worst day of trading since 2008.
Things were looking up a bit for the Dow on earlier Tuesday, which rose 167.34 or 1.6 per cent during mid-morning trading. But it fell nearly 60 points after the Fed’s announcement on Tuesday afternoon.
The downward trend began last Wednesday due to worries about the American debt and the worsening financial crises in Europe. The decreases in the markets were exacerbated when Standard & Poor’s downgraded the U.S. government’s credit rating.
Enviado: 10/8/2011 15:24WHY?: Muitos gerentes e alguns particulares estao a aproveitar o rebound de hoje para lançar estratégias de cobertura para eventuais quedas. Jà que a FED nao deve anunciar nada de concreto (um QE3 nao seria justificado ... jà que até agora se revelaram ineficazes) ... assim os derivados estao bloqueados...
