QE2 is over, but US FRS is ready to ease monetary policy again – will there be QE3? QE2

US news. US Federal Reserve System has finished the program of 600 billion dollars US Treasuries purchase, which is referred to in press as the second round of “quantitative easing” (QE2).
FRS is currently ready to take steps to ease monetary policy further if the slow rate of US economy growth remains, and inflation risks get weaker. This was announced by the FRS Chairman Ben Bernanke in a semiannual report before the Committee of Financial Services of US House of Representatives.

"The possibility remains that the recent economic weakness may prove more persistent than expected and the deflationary risks might reemerge, implying a need for additional policy support," said B. Bernanke in his statement, published by the Federal Reserve. FRS head indicated that Central Bank possessed the resources for such support, although the use of some possible means will bear experimental character.

Intervention in crude oil market: reasons, results and perspectives

The global market of crude oil recovered to its high created 2 weeks ago. Consequently, the recent intervention in the market (advertized by the Western media and the IEA) failed. What is it: the IEA’s unprecedented failure or somebody’s game and good reckoning? If we find the answer to this question we can understand the market perspectives.

Nokia vs Apple: who will win?

In June Nokia and Apple –2 tech giants – finally ended the continuous patent dispute started in 2009 by signing a patent license agreement. Most details of the treaty weren’t made public. Is it the real end of the clash or just an “armistice”? Not only the users of Nokia and Apple’s devices want to know the answer to this question. The investors are worried as well.

According to Igor Zuev, an analyst for Rietumu (a Latvian bank and one of the biggest financial institution in the Baltic region), over the last few years Apple’s products has been increasingly popular around the world but Nokia outpaces the U.S. corporation in terms of proceeds.

Less than 3 weeks to possible US default: President VS Congress

The info-analytic service of Market Leader and the U.S. Association of Trader and Investors under Masterforex-V Academy previously wrote about the problem of the USA’s budget deficit for a couple of times. They considered the reasons, possible consequences and tried to anticipate the future succession of events.

Of course, Masterforex-V Academy experts have recently been focused on the measures taken by the U.S. Government, Congress and President in order to solve the problem.

It is obvious that there is no need to explain once again why investors around the world are seriously concerned about the current condition of the world’s biggest economy. That is why any speech made by Barack Obama or any political piece of news from Washington are paid special attention to. We remind you that in order to avoid a technical default the U.S. Congress will have to lift the debt ceiling until August 2^nd.

If the USA defaults on its debt, that will be a real shock for the entire global market and global economy.