World Week Ahead Fed meets, Apple reports

Sun, 26 Jan 2014

Jan 27 (BusinessDesk) – The US Federal Reserve is expected to announce a further easing to its monthly bond-buying programme this week, just as equity markets were spooked by signs of slowing growth in China and a sell-off of emerging markets’ currencies last week. China’s factory output may contract in January, a preliminary Purchasing Managers’ Index from HSBC Holdings and Markit Economics released last week showed, fuelling concern that the world’s second-largest economy is losing steam again. Last week Argentina devalued its peso, sendi...

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