25 November, 2014 by The TZ Newswire Staff Comments Off on Asia shares rise on U.S. optimism, oil under pressure before OPEC
Asia shares rise on U.S. optimism, oil under pressure before OPEC
Asian stocks edged up on Wednesday after upbeat U.S. economic growth data calmed investor anxiety over a deteriorating global outlook, while the Australian dollar languished near four-year lows against …
25 November, 2014 by The TZ Newswire Staff Comments Off on BOJ’s Shirai defends latest easing, rules out incremental action
BOJ’s Shirai defends latest easing, rules out incremental action
A Bank of Japan board member who voted for last month’s huge monetary expansion defended the move on Wednesday, saying that failing to act would have cast doubt on the bank’s determination to hit its price …
25 November, 2014 by The TZ Newswire Staff Comments Off on Thomas Cook says CEO Harriet Green to step down
Thomas Cook says CEO Harriet Green to step down
British holiday company Thomas Cook said its chief executive Harriet Green was stepping down, two years after leading a turnaround of the group. Warning that its pace of growth would moderate next year …
25 November, 2014 by The TZ Newswire Staff Comments Off on Need to Know: Gold hovers near $1,200 level again
Need to Know: Gold hovers near $1,200 level again
Gold edged higher ahead of a crowded slate of economic data leading into the holiday break.
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25 November, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Oil trades near multi-year lows after overnight slump
Futures Movers: Oil trades near multi-year lows after overnight slump
Oil futures struggle after sharp overnight losses and nervousness ahead of Thursday’s OPEC meeting.
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25 November, 2014 by The TZ Newswire Staff Comments Off on Currencies: Dollar eases in rangebound trade ahead of U.S. holiday
Currencies: Dollar eases in rangebound trade ahead of U.S. holiday
Dollar dips versus the yen in quiet rangebound Asian trade as investors sit tight ahead of the U.S.
25 November, 2014 by The TZ Newswire Staff Comments Off on UK pound to strengthen after 2015 election: Pro
UK pound to strengthen after 2015 election: Pro
Adam Myers, European head of FX strategy at Crédit Agricole CIB, says that the Bank of England is underestimating the strength of the U.K.’s economy and improving data will see the pound rally in the second half of 2015.