Headlines discussed at LNWM’s Monday morning briefing:
— The Federal Reserve said it will end its bond-buying program in three months (October 2014); the unprecedented stimulus program has helped keep U.S. interest rates low and was recently at $35 billion in monthly bond purchases.
— The Eurozone economy is showing signs of cooling once again, after strong growth in first-quarter 2014.
— The White House asked Congress for $3.7 billion in emergency funding, to address the crisis of minors illegally entering the U.S. from Mexico and Latin America.
— Japan evacuated nearly 90,000 people from its southernmost main island due to a Typhoon threat.
— Israel and Palestinian militants exchanged missile and rocket attacks as violence accelerated.
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