General Meeting(04/08/2015)

Market Update

U.S Market

  • Stocks higher last week on Easter Holiday
  • Job Report was disappointing
  • Stocks moved higher today after Fed’s minutes
  • Members of FOM: appropriate to raise interest rate at June meeting
  • Central bank doesn’t need a rise in core inflation before normalizing policy
  • Dow up 0.2%, S&P up 0.3% and Nasdaq up 0.8%
  • U.S crude oil dropped a lot

Foreign Market

  • Europe’s stimulus package has caused borrowing cost to decrease significantly
  • Several countries to issue 5- yr bond with negative yield
  • Hong Kong stock hit seven year high


  • FedEx announced to purchase TNT Express for 4.4 billion Euro in cash
  • Royal Dutch Shell to purchase BG Group for 69.6 billion in cash and share.(horizontal merger)