As expected. The, the next package of incentive measures of the Fed gave a correction in the dollar, the growth of gold, as a save - haven asset and indexes. I’ll remind that the Fed introduced another $ 2.3-billion program to support mid-sized businesses with less than 10,000 employees and $ 2.5 billion in revenues.
So far, no predictions for this week. I will watch a reaction of the markets and the flow of news. It is not clear yet what will be more important for the indexes: huge stimulus measures or a significant downgrade of economic projections.
I can carefully suggest that the trend in the dollar will continue to strengthen, as European economic indicators come out worse than expected.
Next Thursday statistics from China will be in focus: GDP, Industrial Productionindustrial production.