US Investors More Confident on Fed Expectations

Tuesday, 9 Aug 2011 | 11:00 AM ET

"I think US investors got a little more confident about the future, or perhaps a little less pessimistic about where we are going ,and perhaps there is some expectation that the Fed is going to come in and provide the markets with a bit of a lift," Peter Dixon, senior economist at Commerzbank Securities told CNBC.