Reflecting intense selling of currencies and equities on the tension of the market of finance, but what can affect merchants in tension with the beginning of the year? Supposed 2014 year good for the US economy despite the ISM industrial index, the US economic data released recently are compatible with continued recovery in the u.s. economy. But the improvement in the economy also means that the Fed will continue on its path to reduce purchases of assets, leading to high cost of lending to consumers and businesses. Was 2013, great for the stock market but prices increased the cost of doing business, which might have negative equity and order but we didn't see a significant correction. So it is unusual to see selling in stocks especially in light of poor liquidity. And intensive operations have moved to the Forex market, pushing the dollar up and pushed the currency down. The decline in revenue bonds for ten years confirms that rates of risk aversion drives the price action in financial markets.
And away from the prospect of reduced purchases of the assets of the Federal Bank, we received confirmation that the Chinese economy is slowing, which represents a danger for States which rely on China to grow. Will make China's slow-down of us assets more attractive this year. Over the past decade, the money from the West to developing countries seek greater growth opportunities. While China continues to grow at a faster rate than America in 2014, but the slowdown in momentum will make investors content to leave their stagnant jobless in the East, and concerned about the opportunities in the West. The slowdown in China's industrial sector contributes to the sales that we have seen today in stocks and currencies. Among developed countries, Australia is one of the States affected by the slowdown in the rate of Chinese economic growth and begin to see evidence of this in the PMI announced today, which showed manufacturing activity slowed for the second consecutive month.
In contrast, the performance of the US economy on market expectations. While the ISM industrial index fell from 57.3 from 57.0 in December, economists are looking to down more than up to the level of 56.8. Merchants saw strong increases in employment and new orders in this indicator. Spending also excelled to expectations, high 1.0% in March from 0.9%. It was expected the high rates of unemployment claims America to 334 000 instead, these rates decreased from 143 000 to 310 000. These reports indicate that the US economy remains on a strong recovery path and will remain so in 2014.
There are no significant US economic reports on Friday, but there will be many conversations of federal officials, including Bernanke and sixty acres on their view on the US economy. Not for Walker, a member of the voters in the Federal open market Committee but ploster industries and sixty members of the voters in this year's Federal Commission and tends towards both generally narrowing of monetary policy.