Search Results for: Fed
Statement by Glenn Stevens, Governor of RBA: Monetary Policy Decision
September 1st, 2015
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, with some further softening in conditions in China and east Asia of late, ...
Is the EU losing the Western Balkans? What local experts think
August 31st, 2015
No business as usual in the Western Balkans The Western Balkans remain Europe’s unfinished business, not only for the continuing stalemate in Bosnia or tensions in Macedonia and Northern Kosovo, but also because broader geopolitical developments shaping the EU’s ...
Economics of a crash
August 31st, 2015
This month has seen something that happens not very often: it appears to be the early stages of a global stock market crash. For the moment investors are in shock, seeking reassurance and keenly intent on preserving their diminishing ...
Shanghai Composite widens losses as US futures tank
August 31st, 2015
Mainland equities lost as much as 3.7 percent on Monday while Dow futures tanked more than 200 points on reports that Beijing may finally halt its controversial market intervention. A report by The Financial Times over the weekend said that Beijing will abandon large-scale share ...
Sterling drops to 1-1/2 month low vs rallying dollar after U.S. data
August 28th, 2015
Sterling fell to a 1-1/2-month low against the dollar on Thursday after data showing the United States grew robustly in the second quarter, boosting a view that U.S. interest rates could rise this year. Investors are still uncertain about ...
Asian Markets Ride Tide of Strong U.S. Growth
August 28th, 2015
Shares in China, Japan continue streak of gains Asian markets rose Friday as renewed optimism about the U.S. economy and China’s recent stock gains offset worries about global growth. The Shanghai Composite Index opened up 1.4%, adding to its ...
US economic growth revised up sharply to 3.7%
August 27th, 2015
The US economy grew by far more than previously thought between April and June, revised figures have shown. The economy grew by an annualised rates of 3.7%, up from the first estimate of 2.3%. Growth of 0.6% in the ...
Greek bourse calms down after rocky start – Tsipras Risks a Fragmented Parliament
August 27th, 2015
Following the roller-coaster ride during the first two sessions of the week, trading was stable on the Athens Stock Exchange on Wednesday. The general index moved up just 0.16 percent to 622.72 points. Turnover, however, was down considerably on ...
U.S. Stocks Come Charging Back
August 27th, 2015
Six-day losing streak ends as Fed official calls case for September rate increase ‘less compelling’ Stocks snapped a six-day losing streak Wednesday, soaring by the highest percentage in nearly four years amid signs of strength in the U.S. economy ...
Exchanges, Barclays win dismissal of U.S. high-frequency trading case
August 27th, 2015
Major U.S. stock exchanges and Barclays Plc on Wednesday won the dismissal of nationwide litigation in which pension funds and other investors accused them of rigging markets to benefit high-frequency traders. U.S. District Judge Jesse Furman in Manhattan said ...
