Autumn continues to be productive for financial markets. Even trading platforms that have been in a chronic depression registered growth by the end of the previous week.
Market analysts share an opinion that the expected tapering of the quantitative easing program has already been taken into account and in actual price of assets. Statistical data on the US economy that were published during the previous week demonstrated that it was too early to make confident optimistic forecasts. In particular, data on retail trade and consumer confidence turned out to be weaker than forecast by analysts. Same as a week before, these statistical data only reinforced the opinion that the decision on cutting down the quantitative easing program will not be made in the near future.
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