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Weekly review: nothing new on markets

19 June 2015 Konstantin Meinhardt

The Fed's monetary policy and the debt talks between Greece and its creditors were the main events this week. Investors hoped for signals when the Fed starts raising its interest rate. They were disappointed as the Fed Chair mentioned that the interest rate may be hiked twice this year, but she added that the hiking of the interest rate will be gradual. The timing was not mentioned.

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Market focus

  • ECB's Coeure: Central bank has instruments and we've shown that we're ready to use them
  • British Chambers of Commerce (BCC) trims UK growth outlook
  • UK house prices rise slightly In June - Rightmove
  • China central bank injects funds, second phase of RRR cut takes effect

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