Asian Stocks Pare Monthly Gain as Fed Fuels Tapering Bets
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<font color="red">Here is the a quantitative number for Wedesday Sell Off After FED meeting notes Release
1/ The odds of the Fed starting to taper its stimulus <b> in January rose to 45 percent from 25 percent before yesterdayâs statement, </b> Citigroup Inc. said.
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http://www.bloomberg.com/news/2013-...-monthly-gain-as-fed-fuels-tapering-bets.html
Asian stocks fell, trimming the best two-month rally for the regional benchmark gauge since the start of 2012, after the Federal Reserve fueled bets it may start paring stimulus sooner than previously forecast.
Tapering is inevitable, and thatâs what you read from last nightâs statement,â said Donald Williams, Sydney-based chief investment officer at Platypus Asset Management Ltd., which oversees about A$1.6 billion ($1.5 billion). âThe timing is still unsure, but the market is going to price in the likelihood of tapering in the next six months at the latest.â
1/ The odds of the Fed starting to taper its stimulus <b> in January rose to 45 percent from 25 percent before yesterdayâs statement, </b> Citigroup Inc. said.
2/ Economists surveyed by Bloomberg Oct. 17-18 predicted the Fed would begin paring stimulus in March.