Tradeline Financials - Global Market Round-Up - Week 25, 2014

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June 20, 2014 - PRLog -- Tradeline Financials is an independent, diversified financial services firm catering to all types of investors. Our goal is to understand, anticipate and meet our clients' changing financial needs with the vast array of high-quality products and services at our disposal.

Tradeline Financials - Global Market Round-Up - Week 25, 2014

As global markets reach new record highs, the Asian region performed rather mutely on Friday with the Nikkei close to a five month  peak. With both the Bank of Japan and the Bank of China recently in session to discuss their countries faltering economies it was an interesting week to see how the different financial leaders reacted to similar situations.

Earlier this week whilst the Chinese PM was in the United Kingdom the Bank of China announced a new stimulus plan for the Yangtze River region, similar to plans announced earlier in the year. Infrastructure is China's main focus when looking to stabilize their economy and the new program will see road, rail and airport upgrades to the region which supplies over 40% of the entire Chinese GDP. By improving transport networks in the area they are looking to bring Shanghai closer to the provinces. This along with a £14bn trade agreement with the UK covering energy, infrastructure and transport and the yen now being openly traded in London saw a busy week for the world's second largest economy and will placate many an analysts that said the Chinese were not doing enough to continue their expansion.

Markets in the US have continued their good spell as the S&P 500 closed for the second time in a row in record territory. Volume started to return to the markets after yesterdays FOMC speech by Ms. Yellen. She continued to reduce their asset purchasing program by another $10bn for July and market commentators believe she again confirmed that rates would not be going anywhere, anytime soon and there could be a possibility that mid 2015 may still be too early. Economic data on unemployment seems to be the key point of discussion these days and even though the dat is getting more positive by the month the Fed still uses this to draw attention to the fact they believe there should still be caution as the US comes out of recovery.

European indexes have seen the same strong belief in the local economies as they too look to stay within the highs seen of late. The ECB rate announcement earlier this month has started to take effect and although most people thought that the announcement was already built into the markets; and that the run leading up to the meeting would plateau stocks out obviously, investors didn't take note. The majority of European indexes are flirting with all time highs as they look to back their exchanges with stronger economic data as the year progresses. This at a time when Christine Lagarde at the IMF is saying that the ECB should initiate an asset buying program like the US. The IMF head states that the economy is not robust enough and that the extra money that the ECB is now receiving due to its rate decision should be used to fund such a QE program.

Major Global Indices as of 20th June 2014:

Nikkei -          15,349.42 -0.08%

Hang Seng -    23,214.75 +0.20%

FTSE100 -       6,885.11 +0.44%

DAX -          10,004.00 +0.74%

S&P 500 -       1,959.48 +0.13%

Dow Jones -    16,921.46 +0.09%

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DISCLAIMER  The views, opinions, findings, and conclusions or recommendations expressed on this service are those of the author(s) and do not necessarily reflect the views of the Tradeline Financials. All market data within this release is for your general information and enjoys indicative status only. Tradeline Financials does not accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data.

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