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Fed to shed light on frozen U.S. economy

From reuters.com

The Federal Reserve's stimulus taper and China's slowdown, twin factors behind this year's emerging market sell-off, will come firmly into view in the week ahead with minutes from the former and a leading survey on the latter. After reassuring European growth on Friday and weak U.S. retail sales on Thursday, major data will be in short supply. Moreover in the United States, where the impact of severe weather is still being determined, the Presidents Day holiday on Monday will shorten the working week. The stand-out indicator may prove to be the flash Markit/HSBC Purchasing Managers' Index (PMI) for China, with the ... (full story)

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