Market Overview

13 March 2015 16:20

Konstantin Meinhardt

Next Fed's monetary policy meeting is scheduled to be on March 18. Investors speculate that the Fed will remove "patient" from its outlook for monetary policy as the labour market has continued to strengthen. The U.S. economy added 295,000 jobs in February, exceeding expectations for a rise of 241,000 jobs, after a gain of 239,000 jobs in January. The U.S. unemployment rate fell to 5.5% in February from 5.7% in January, beating forecast of a decline to 5.6%. That was lowest level since May 2008. But the U.S. inflation remains very low.
Market Focus
  • Swiss government raises 2019 GDP growth forecast to 0.9% from 0.8% previously
  • Fed keeps rates on hold, points to 'favourable' economic outlook next year
  • German consumer price growth stabilised in November
  • French consumer prices rose by 0.1% in November, as expected

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