Archive for February 11th, 2014

New Overnight Developments Abroad - Daily Update

Waiting for Yellen’s Testimony

February 11, 2014

Janet Yellen, the new Fed Chairwoman of the Federal Reserve, delivers semi-annual Humphrey-Hawkins testimony at 15:00 GMT before the House Financial Services Committee.  Investors await possible modifications of forward guidance, her thoughts on the state of the economic recovery, and any clarifications of the tapering of monthly asset purchases. Other than the above eagerly awaited […] More