Last week was a largely positive one for the U.S, the dollar has reached 14-month highs and the Standard & Poor’s 500 hit record highs. Despite disappointing August Non-farm payroll results, the Fed’s pre-assigned targets for increasing interest rates have been hit, with unemployment at a rate of 6.1% and inflation at 2.5%. With the Federal Reserve’s FOMC meeting on the 16-17 September, investors have flooded out of safe-haven markets – such as gold – in the hope that Fed will raise interest rates ahead of their mid-2015 target. One major question to be addressed is what effect will a U.S. interest rate rise will have on the UK and FTSE equities?
This content is restricted to site members. If you are an existing user, please log in. New users may register below for FREE.