Fed Sent Mixed Signals on QE Tapering

Market sentiment was lifted by FOMC minutes for June as it suggested that quite a number of policymakers opposed to pare QE measures until economic recovery has become unsustainable. Wall Street was mixed with the DJIA losing -0.06% and the S&P 500 adding +0.02%. In the commodity sector, the front-month contract for WTI crude oil soared +2.89% and closed at 106.52.

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Fed Sent Mixed Signals on QE Tapering