The market seems to be facing the sky!

Posted by | September 18, 2006 | World | No Comments

The market is all geared up. Dow Jones Industrial average seems to be high by about 12 points and that of S&P by 0.7 points. As far as the economic market was concerned, it showed a positive note, where the Federal Reserve is not expected to increase more than 5.25% but is likely to maintain the same level of 5.25%.

After the Group of Seven meeting held in Singapoe, the Dollar seems to be ahead of the Yen. As far as the Asian market is concerned, Taiwan seems to be leading the pack, with technology shares taking the major chunk of the day.

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