Markets am: Stocks soften ahead of Fed minutes, Prepare now for ...

 
 
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Wednesday August 21 2013
 
 
Markets
 
Stocks soften ahead of Fed minutes
 
Indonesian stocks regain some poise but Nikkei falls as hopes that Asia might echo Wall Street's modest gain are quickly dashed
 
 
 
Prepare now for tricky times ahead
 
The next few months promise to be particularly tricky and volatile for markets, with uncertainty coming from the US, Europe, Japan and the Middle East
 
 
Standard Life leads the weaker FTSE 100
 
London equities trade lower ahead of the release of US Fed minutes that could provide clues to when the central bank's bond-buying will begin to ease off
 
 
Goldman faces losses on erroneous trades
 
Problems highlight challenges for fragmented and interconnected US stock market, where securities swap hands at millisecond speeds across venues
 
 
Retailers put S&P 500 on steadier ground
 
Benchmark index breaks a four-day losing streak amid a relief rally for stocks that are sensitive to interest rate moves
 
 
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Fed up with the taper
 

The bond market rout of the past few weeks has shown the scale of worries about the Federal Reserve's tightening policy through its taper. Yet equity markets do not seem to be pricing in a stronger economy and the housing market is scared of rising rates, says investment editor James Mackintosh.

 
 
 
 
 
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