Search Results for: employment
Asia shares rally as US job report seen dimming chance of Sept hike
September 5th, 2016
Asian shares rose on Monday after a weaker-than-expected U.S. jobs report prompted investors to trim expectations that the Federal Reserve would hike interest rates as early as this month. MSCI’s broadest index of Asia-Pacific shares outside Japan extended early ...
JGBs slip ahead of U.S. jobs data as market ponders BOJ plans
September 2nd, 2016
Japanese government bonds fell on Friday, sending some yields to five-month highs, as the usual buyers took a step back ahead of the U.S. jobs report later in the global day and some investors fretted about the Bank of ...
FX Focus: Pound gains as it threatens to break €1.18 for first time in three weeks
August 31st, 2016
The pound edged higher against both the euro and the dollar on Wednesday (31 August), coming close to breaking the €1.18 barrier for the first time in three weeks. By mid-afternoon, sterling was trading up 0.08% against the dollar ...
Euro-zone inflation misses with 0.2%
August 31st, 2016
Euro-zone inflation is not going anywhere fast: 0.2% is the headline. This is identical to the figure in July and leaves CPI far away from the 2% target the ECB has. Core inflation also fell short of predictions by actually ...
Longstanding Marks & Spencer GC announces retirement
August 31st, 2016
One of the longest-serving leaders in the UK in-house legal sector has decided it’s time to retire. Marks & Spencer general counsel Robert Ivens is retiring from the company he has called home for more than 30 years. Mr ...
Dollar/yen hits one-month high as investors reassess stance, reverse bets
August 31st, 2016
The dollar hit a one-month high against the yen on Wednesday as investors reversed bets made against the greenback on speculation that the U.S. Federal Reserve would not hike interest rates anytime soon. The U.S. currency has gained almost ...
Most Asia stocks slide on Fed officials’ rate comments, dollar firms
August 29th, 2016
Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indicated a U.S. interest rate increase remains on the cards for this year. European markets also looked set ...
Accountant in UK jailed from fraud
August 26th, 2016
A Financial Controller who defrauded his company by nearly £25,000 has been jailed for 18 months. Gurmukh Shehri, 33, from Woolwich, had day-to-day oversight of his company’s salary payment function when he committed the offences. He was sentenced at ...
Dollar Drops as Traders Seek Clarity From Yellen Amid Rhetoric
August 26th, 2016
Yellen is likely to point toward December action, Westpac says Any adjustment for ‘near-term hike’ to support dollar: BNP A gauge of the dollar declined for a second day, paring a weekly gain, after Federal Reserve Bank of Dallas ...
CFTC announced fines for fraud on Forex commodity pool
August 23rd, 2016
CFTC Orders California Resident Irina Feldman and her Companies Cindium Inc. and Einstein Exchange Group Inc. to Pay More than $600,000 for Solicitation Fraud and Misappropriation in Commodity Pool Scheme All of Pool Participants’ Funds Were Misappropriated to ...