FED Reserve Rate Announced

Hi All,

FED leaves rates unchanged....

Downgrade 2015 GDP Outlook

There could be rate hike in September...may be 2 rate hikes in 2015

Nasdaq 1%up from the bottom but leaves the positive territory... Negative again

Sgx down 21

Looks like yesterday n today markets discounted the FED Status quo.

Maekets sharply reacted at a crucial level of 8130-60 as posted yesterday and closed below 8100. Tomorrow very crucial... and 7940 will be do or die for bulls

Detailed Note....

US Fed: Voted 10-0 For Fed Funds Rate Action

U.S. FED  : Economy expanding 'moderately,'  job growth picked up

Fed leaves rate unchanged

U.S. growth is really weak but surely it will rebound so we’re going to try to hike rates this year anyway. Yellen.

FED FORECASTS IMPLY TWO QUARTER-POINT RATE INCREASES THIS YEAR

Initial reaction after FED >>> Market turned higher in US, Gold / Silver rally.

Fed sees inflation below 2% target for foreseeable future – but still holds onto idea that it will ‘gradually’ return to target
Fed leaves rate unchanged . Upgrades economic improvement outlook. Fed offers No explicit wordings on liftoff timing. Downgrades 2015 GDP outlook.