Flash: Fed Policy Sentiment will lead this week - BNZ

FXstreet.com (Barcelona) - Kymberly Martin, Strategist at BNZ feels that sentiment toward Fed policy will remain at the forefront this week.

She feels that there is the usual scattering of US data releases such as consumer confidence, pending home sales and the Chicago PMI scheduled. However, she sees that Federal Reserve members are also out in force, no doubt giving their individual spin on the Chairman Bernanke’s latest message. She writes, “Voting members may have some ability to influence market expectations.”

European equities extend recent downside

The European stock market was dealt another blow Monday, with indices turned sharply lower.
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Flash: China leads Asia stocks lower - BTMU

Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ notes that Asian equities have declined further overnight with the Chinese equity market down by around 5.0% and falling back towards the lows from December of last year.
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