World Week Ahead: Data key to rally

Sun, 22 Jun 2014

By Margreet Dietz June 23 (BusinessDesk) - Wall Street is at record highs, backed by the US Federal Reserve’s ongoing commitment to providing easy money to help accelerate the economic recovery, and investors will be looking to a flurry of fresh data to provide further impetus. Today, investors will eye the release of the latest China manufacturing purchasing managers’ index to gauge if the world’s second largest economy is showing signs of stabilising. Closer to home, the coming days will bring the latest data on the US housing indu...

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