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Global News Overview

Week ended 27 January 2011

Key Economic News

US: Major North American equity market indices lost ground late in the week in response to the release of relatively disappointing economic data, ending the period with mixed performance./p>

Europe: European shares were mixed last week as disappointing US economic data could lead to slower growth in the Continent’s largest export market.

Asia Pacific: Asian equities rose last week as sentiment was bolstered by the Federal Reserve’s pledge to hold interest rates low and consider more asset purchases.

Emerging Markets: Emerging Markets: Emerging-market stocks rose last week as sentiment was bolstered by the Federal Reserve’s pledge to hold interest rates low and consider more asset purchases.

 
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