Search Results for: employment
China October HSBC Services PMI Falls to 52.9, Three-Month Low
November 5th, 2014
Growth in China’s services sector weakened further in October as new business cooled, a private survey showed on Wednesday, reinforcing signs of a gradual economic slowdown that could prod the government to unveil fresh stimulus measures. The services purchasing ...
Australia Needs Stimulus to Avoid Recession, Morgan Stanley Says
November 5th, 2014
Australia could face its first recession in almost 25 years unless authorities further stimulate the economy, Morgan Stanley (MS:US) said. The nation’s economy will expand just 1.9 percent in 2015, with 1.5 percentage points of that coming from higher ...
Australia loses 24,400 Jobs according to nation’s Statistics Bureau
November 4th, 2014
Australia’s labor market is weaker than previously reported, the nation’s statistics bureau said in a review released today, sending the currency lower as traders bet on an extended interest-rate pause. The total number of Australians employed in September was ...
Australia’s central bank keeps rates low, consumers encouraged
November 4th, 2014
Australia’s central bank kept interest rates at record lows for a 14th straight policy meeting on Tuesday, saying the stimulus was justified given the outlook for sub par growth even as consumers showed signs of opening their wallets. The ...
Is Better Communication Longer and More Complex?
November 4th, 2014
Twenty years ago, when the Federal Reserve Open Market Committee wanted to change interest rates, it didn’t make any announcement. It just took action, and market participants observe those actions. Mark Wynne of the Federal Reserve Bank of Dallas ...
Australia 200 – Threatening to Return to Above 5500 Again
October 31st, 2014
Australia 200 for Friday, October 31, 2014 Throughout most of September the Australia 200 Index declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and 5500, ...
Australia 200 – Starts to Settle Within 5400 – 5500 Range
October 30th, 2014
Australia 200 for Thursday, October 30, 2014 Throughout most of September the Australia 200 Index declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and 5500, ...
Federal Reserve ends bond-buying stimulus
October 30th, 2014
The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market – a key condition for an eventual interest rate increase. The Fed did reiterate its plan ...
Visa shares jump as earnings beat estimates
October 30th, 2014
Revenue and profit, excluding one-time litigation charges, came in better than expected. Visa’s (V) profit fell about 10% in its fiscal fourth quarter, weighed down by one-time litigation expenses. But the latest results beat Wall Street expectations, and shares ...
Twenty-four European banks fail financial stress tests
October 27th, 2014
One in five European banks have failed crucial tests of their financial strength, leaving a €25bn (£19.6bn) capital hole in the continent’s banking system at a time of renewed fears that the five-year long eurozone crisis may be flaring ...
