Receives the markets this week with all the passion because of its great importance and a handful of very important U.S. data, FOMC meeting sits open on the agenda this week with draws all eyes on what will be the policy of the Federal and whether the economy has so far convinced him after the start of Jules third stimulus at its previous meeting, and vowed to its expansion in case they need the economy, in addition to that we have a date with the performance of the U.S. economy during the third quarter with expectations a little better.
We are not this week on a date with data-caliber light, but this may be the week his great impact on the direction of financial markets and on investor sentiment year, although it is not expected to take the U.S. Federal at its will last for two days any decisions or new measures on policy cash after initiated last month a third round of quantitative easing in order to support the world's largest economy.
Aims Federal Bouktute those supporting the economy, which suffers from internal crises and external, The impact of the European debt crisis and clear on the U.S. economy, add to the suffering of the Gaza U.S. labor and housing sector as well, and who has vowed Fed at its last meeting by using more of the tools to support the economy if conditions remained bad sector work without it gets better.
Not expected as we that the Fed meeting facilitated monetary policy in particular and he had indicated during a meeting last that he would keep the current interest rate low until mid-2015 at least, and that the Federal needed to assess the economic situation in the country after the onset of the effects of round of quantitative easing carried out last month, did not show positive effects on the economy where they need to be more time so that the Fed can better assess the situation and whether the economy needs more facilitation.
This and that we are on a date this week on many of the data that may help us in assessing the economy to see policy Fed next and whether the economy needs more support stimulus or not, it is expected to show us advanced reading of GDP the U.S. during the third quarter improved pace growth to 1.8% and is better than reading the second quarter that the economy grew بحسبها at a 1.3% pace.
May not see reading expected for the growth of the economy during the third quarter at 1.8% is excellent, but it is better than the previous and may consider it a reference to move the economy in the right way and improvement gradually, especially and that the effects of round quantitative easing third did not appear after the aspects of the U.S. economy and that may help the economy to improve and achieve better performance in the coming period.
This is expected to improve the proportion of personal consumption also in the third quarter to rise to a rate of 2.0% compared to the previous reading of 1.5%, noting that personal consumption have a significant role in the GDP reading and in the economic wheel Overall.
On the other hand, we are waiting for durable goods orders data also this week and which are expected to show a rise of up to a rate of 6.8% during the month of September compared to the sharp decline made goods orders during the month that preceded at a rate of -13.2%, note that applications exempted transportation may also rise, including 0.8% compared to retreat made by the previous reading at -1.6%.
Knowing that he is expected to appear PMI reading industrial sector continues to grow modestly at 51.5 note that levels of 50 is the line between growth and contraction of the sector, that sector may appear very modest growth during the month of October.
