The latest Federal Reserve financial stress reading has fallen ...Middle East

This is via the Federal Reserve, St. Louis branch research:

measures the degree of financial stress in the markets and is constructed from 18 weekly data series: seven interest rate series, six yield spreads and five other indicators. Each of these variables captures some aspect of financial stress. Accordingly, as the level of financial stress in the economy changes, the data series are likely to move together.

Values below zero suggest below-average financial market stress, while values above zero suggest above-average financial market stress.

This article was written by Eamonn Sheridan at www.forexlive.com.

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