Search Results for: employment
China stocks up, other Asian markets lower after US losses
August 7th, 2015
Chinese stocks rose Friday while other Asian markets followed Wall Street lower as investors looked ahead to U.S. jobs data and a meeting of Japan’s central bank. KEEPING SCORE: The Shanghai Composite Index rose 1.9 percent to 3,731.75 and ...
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
August 6th, 2015
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy in order to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 5 August 2015, the MPC ...
Morgan Stanley brokers say they were underpaid
August 4th, 2015
Several Morgan Stanley financial advisers say they were underpaid thousands of dollars by the bank, which rebuilt its business on the back of the wealth management division where they work, insiders say. Morgan Stanley said the problems were “one-off ...
RBA: Monetary Policy Decision
August 4th, 2015
Reserve Bank of Australia (RBA) at its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...
Fed To Markets: You’re STILL Too Easy To Fool!
July 31st, 2015
These days no matter what the Federal Reserve actually says, the markets respond like dogs sensing a piece of bacon coming their way. This is so for several reasons: 1) The world is vastly overleveraged, which terrifies investors and ...
Wall St. set to open lower as GDP misses expectations
July 30th, 2015
U.S. stocks were set to open lower on Thursday after data showed that the U.S. economy grew at a slower-than-expected pace in the second quarter even as the Federal Reserve left doors open for a possible rate hike in ...
Currency Devaluation: The Crushing Vice of Price
July 30th, 2015
Devaluation has a negative consequence few mention: the cost of imports skyrockets. When stagnation grabs exporting nations by the throat, the universal solution offered is devalue your currency to boost exports. As a currency loses purchasing power relative to the currencies ...
The IMF: A cure or disease?
July 30th, 2015
The economy plays a vital role in determining the welfare of people’s lives. The word “economy” may sound simple but its effect on people in terms of social, political, judicial and psychological aspects are tremendous. The family, the basic ...
Fed leaves interest rates unchanged
July 30th, 2015
With Wall Street looking for any clues that tighter policy is coming, the Federal Reserve on Wednesday declined to raise interest rates or provide any clues about when a hike is on the way. In a move widely expected ...
Euro static as Greek bailout talks resume – Euro Currency update
July 29th, 2015
Euro The Greek bailout talks resumed on Tuesday with a high security presence, but as no interesting news emerged from the discussions the Euro was left trading fairly statically against a number of its peers. The common currency did ...
