Thursday, February 21, 2013

Asian markets slip on Fed stimulus fears





Asian markets saw early losses Thursday following a tumble on Wall Street as traders grow concerned that the US Federal Reserve could bring an early end to its huge stimulus programme.


Minutes from the Fed’s most recent policy board meeting showed some members were in favour of cutting short the USUS$85 billion-a-month (HKUS$659 billion) bond-buying introduced last year to support the economy and which has helped lift global shares.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1155284/asian-markets-slip-fed-stimulus-fears

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