Close call on FED easing

The US Federal Reserve’ decision on whether to take economic stimulus to boost a stagnating economy, is “too close to call”, a top FED official stated yesterday on the eve of Ben Bernanke’s annual speech. US, Asian and European stocks fell. Dow Jones gave up 0,81 % while the technology index, Nasdaq, dropped 1.03 %. In Japan Nikkei slipped 1,1 % to a two-week low. The Euro/USD, Gold, Silver and oils are steady and waiting. The Norwegian krone (NOK) is extremely strong both against Euro and USD.

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