12 November, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold fails to make much headway as dollar stays firm
Metals Stocks: Gold fails to make much headway as dollar stays firm
Gold eked out a small gain on Thursday, with its relationship to the thriving dollar continuing to keep any upside in check.
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12 November, 2014 by The TZ Newswire Staff Comments Off on Small-caps and Two Key Industry Group ETFs Take the Lead
Small-caps and Two Key Industry Group ETFs Take the Lead
It was another lackluster day, but there were some notable pockets of strength. Small-caps perked up as the Russell 2000 iShares (+.45%) and S&P SmallCap iShares (+.68%) led the major index ETFs. The gains may be incremental, but they were gains and they were the leaders. The SmallCap Consumer Discretionary ETF (PSCD) led the small-cap sectors with a 1.22% gain. The Retail SPDR (1.86%) and…
12 November, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Brent crude tests $80/barrel price level on Saudi comments
Futures Movers: Brent crude tests $80/barrel price level on Saudi comments
Brent crude recoups some losses after dipping below a key level as markets continue to parse comments from a Saudi official.
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12 November, 2014 by The TZ Newswire Staff Comments Off on Why Cyber Monday may soon be a thing of the past
Why Cyber Monday may soon be a thing of the past
Shoppers beware: The massive discounts and promotions on Cyber Monday may soon be history, according to a retail report.
12 November, 2014 by The TZ Newswire Staff Comments Off on Currencies: Dollar inches up vs. yen as investors await PM Abe’s decision
Currencies: Dollar inches up vs. yen as investors await PM Abe’s decision
A further move up for the dollar is hinging on Japan and two big decisions from Prime Minister Shinzo Abe.
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12 November, 2014 by The TZ Newswire Staff Comments Off on Asian shares resilient after soft China data
Asian shares resilient after soft China data
Asian shares were resilient in the face of a cooling Chinese economy while oil prices flirted with multi-year lows – unable to stem a drawn-out decline on fears of a glut. MSCI’s broadest index of Asia-Pacific shares outside Japan were flat, showing a muted response to a flurry of Chinese data which was either in line with or slightly below expectations. Japan’s Nikkei added 1.1 percent to a seven-year high, continuing to rise on expectations Prime Minister Shinzo Abe will postpone a planned tax hike next year to support the economy.
12 November, 2014 by The TZ Newswire Staff Comments Off on Honda discloses fifth Takata air bag-linked fatality, widens recall
Honda discloses fifth Takata air bag-linked fatality, widens recall
Honda Motor Co said on Thursday that a driver in Malaysia had died after a July accident involving an air bag supplied by Takata Corp (7312.T), and widened its recall for the defective air bags by another 170,000 vehicles. In the fatal accident, involving a 2003 Honda City model, the air bag inflator ruptured and sent shrapnel into the vehicle, some of which struck the driver, Honda said, adding it was not clear whether the woman driver was killed by the air bag explosion or another cause, citing a local police report. Honda did not give the woman’s name or age.