World Week Ahead US earnings focus

Sun, 14 Jul 2013

By Margreet Dietz July 15 (BusinessDesk) – All eyes are set for the latest round of US corporate earnings after Federal Reserve Chairman Ben Bernanke finally managed to reassure investors that the central bank's stimulus effort is not going to evaporate any time soon. Markets had been pricing in a tapering of the Fed's US$85 billion a month bond-buying program since late May after Bernanke said as much. But with Bernanke tweaking his message last week, the bulls returned in droves, pushing the Dow Jones Industrial Average and the Standard &...

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