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Stock impact report

Daily briefing: Fed holds, China’s future army and Big Oil fights back [FT.com - Mergermarket]

Deutsche Bank AG (DB) 
US:NYSE Investor Relations: db.com/ir/index_en.htm
Sign up to receive FirstFT by email  here The Federal Reserve signalled it is ready to start unwinding its crisis-era stimulus programme as soon as its next meeting, suggesting that the central bank remains confident in the US outlook even as it acknowledges weak inflation readings. The Fed kept rates unchanged at 1 per cent to 1.25 per cent at the meeting — as expected by financial markets. But in a sign of resolve on its policy committee, the Fed said in a statement that it was ready to start paring back the size of its balance sheet “relatively soon” as long as the economy stays on track.  Here’s the FT’s one-stop overview of key US economic data and trends , including GDP, inflation, unemployment, consumer and the outlook for US interest rates and mortgage rates. (FT) In the news China’s plans for an army of the future Beijing has launched a military agency that appears to be modelled on the US’s Defense Advanced Research Projects Agency in order Show less Read more
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