Shares are rising due to the guarantees provided by the FED, but the Sterling is still absorbing the GDP drop

In the United Kingdom the market is still absorbing the negative impact related to the fall of the GDP in the first quarter of the resent year. Nonetheless, positive news coming from the US are making shares rise, especially in Asia, and it is likely to contact the western hemisphere.

Meanwhile the FED put some guarantees on promoting growth, Asian markets reacted with more positivism into their shares. Basically, what the Federal Reserve meant was of keeping a quantitative easing policy, as long as it supports the increase of the output in America.Money EX - Financial News Read More