Last week fixed the bullish trend on the global stock market. Growth was registered not only on the leading western platforms, but also on many platforms of developing countries. The main news of the week that made it possible to keep markets within a confident growth trend were economic statistical data from China, as well as a speech made by new Chair of the US Federal Reserve System Janet Yellen.
At the beginning of the previous week, Janet Yellen, who took the office of the US FRS Chair on 1 February, stated that it was necessary to go further to recover the American labor market and to continue tapering the quantitative easing (QE) program “at a moderate pace.” Evidently, investors were satisfied that the new FRS Chair promised to stick to the policy implemented by Ben Bernanke, her predecessor in this office.
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