US STOCKS-Wall St dips, but hopes grow for central bank actions

martes 20 de enero de 2015 11:04 GYT
 

* IMF lowers growth outlook for 2015 and 2016

* Oil lower again; Halliburton rises after results

* FXCM shares plummet 90 percent, details loan agreement

* Futures up: Dow 86 pts, S&P 11.25 pts, Nasdaq 28.75 pts (Updates to market open)

By Ryan Vlastelica

NEW YORK, Jan 20 (Reuters) - U.S. stocks edged lower on Tuesday after the International Monetary Fund lowered its growth forecasts for 2015 and 2016, though the move spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement.

The lower forecasts implied less demand for fuel through 2016, contributing to crude oil prices taking another leg lower, which in turn fueled another day of weakness in the energy space despite some bullish results from major names.

The IMF projected growth of 3.5 percent this year and 3.7 percent next year; both forecasts are down by 0.3 percentage points. The IMF advised advanced economies to maintain accommodative monetary policies to avoid increases in real interest rates as cheaper oil increases the risk of deflation.

"This absolutely raises the odds that we'll see more central bank action. The upside to seeing less international growth is that it is now very unlikely the Federal Reserve will raise interest rates mid-year," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.   Continuación...