Global-View.com FX Research: Fed policy steady as expected. U.S. ADP and GDP data better

Global-View.com FX Research

Fed policy steady as expected. U.S. ADP and GDP data better Jul 31st 2013, 20:30 Fed policy steady as expected. U.S. ADP and GDP data better HSBC PMI. Europe: EZ/DE/FR/GB- Mfg PMI, GB- Rates. North America: US- Challenger Layoffs, Weekly Jobless, Markit PMI, ISM PMI, Construction Spending, Natural Gas. CA- RBS-Markit PMI HIGH IMPACT ITEMS: CN- NBS/HSBC PMI, EZ/DE/FR/GB- Mfg PMI, BOE/ECB- Rates, North America: US- Weekly Jobless, Markit PMI, ISM PMIThe Fed kept key rates steady as widely anticipated. Nothing major from the Fed was as expected. Its logical the FOMC would wait for the next meeting in September. After that meeting Bernanke already had a scheduled press conference where he could explain any policy changes n detail. See the and a

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