Markets am: Stocks firm ahead of Fed decision, High profits to k...

 
 
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Wednesday October 30 2013
 
 
Markets
 
Stocks firm ahead of Fed decision
 
Bourses follow S&P 500 higher, boosted by view the Federal Reserve will in its policy statement push back the 'taper' timeline
 
 
 
High profits to keep equity bubble at bay
 
Recent buoyancy has raised fears markets have entered a major bubble, but globalisation and technology advances could help support stock valuations
 
 
South Korea's IPO market heats up
 
Initial public offerings showing signs of a revival after two-year slump, on the back of a recovery in the country's stock market
 
 
Earnings help lift European stock indices
 
Earnings are in focus across Europe, and forecast-beating numbers from Volkswagen, Barclays and Next ensure early gains for the main stock indices
 
 
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Europe back in vogue
 

As Europe pulls out of recession, traders have been piling record amounts of money into European equities. But James Mackintosh, FT Investment Editor, says the scale of bets on the euro strengthening suggests investors may have become overly optimistic.

 
 
 
 
 
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