
25th October 2008, 03:05 PM
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Member
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Join Date: Nov 2007
Posts: 110
Rep Power: 6
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Watch Out For....
Dear All,
I feel we need something like this to keep all the forum members up-to-date with the events in near future which are expected to influence the market. These could be local/global, anything from elections, financial results, holidays, etc.... and these are important because biggies are all eyes on these.
For example yesterday (24/10/08) RBI monetary policies were announced and market took a hit because there were not in line with the market expectations.
To start with "Next week is expected to mark the beginning of the US economy’s entry into a recession and the end of the Federal Reserve’s conventional monetary policy to remedy the situation."
Source
29/10/08
The Fed’s FOMC is widely expected to cut the key federal funds rate another half point, to one percent.
30/10/08
GDP data for the third quarter is expected to show the US economy contracted for the first time in seven years.
Dear Alchemist, please feel free to re-caption / move this thread to the appropriate category.
Happy Investing and do keep posting!
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