Fed Chair Janet Yellen: valuations in the stock market are high

Market news

6 May 2015

Fed Chair Janet Yellen: valuations in the stock market are high

The Federal Reserve Chair Janet Yellen said on Wednesday that valuations in the stock market are high and there is a potential risk there. She noted that the central bank needs to monitor closely the non-bank lending sector.

Yellen also said that she does not see any bubbles in financial markets.

Gold price traded lower, losing all gains after the ADP report

Canada’s Ivey purchasing managers’ index climbs to 58.2 in April

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