Government Bonds of Europe Stabilise – Bernanke Federal Reserve Chairman Rates Cut Expected.
After a weak start in the US Stock market (Thomson Financial London) has finally stabilised. Tomorrow there is expected to be an announcement from Ben Bernanke the Federal Reserve Chairman that rate cuts are likely. Financial markets are pricing for a rate decrease to happen as early as next month following the aftermath of market turmoil in August.
Risk assessment is always necessary for normalisation to take place in the financial markets.