5 March, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar hovers as U.S. job data gets ready to roll out
Currencies: Dollar hovers as U.S. job data gets ready to roll out
Dollar hovers at some key levels versus the yen and euro as jobs data looms for later.
read more
5 March, 2015 by The TZ Newswire Staff Comments Off on Is Greece already rolling back on its pledges?
Is Greece already rolling back on its pledges?
There are mounting concerns that, in spite of the extension, Greece still won’t be able to pay its way.
5 March, 2015 by The TZ Newswire Staff Comments Off on Life after central banker Batman quits Gotham
Life after central banker Batman quits Gotham
Central banks have played the superhero role to great effect in recent years. But what happens if their powers fade?
5 March, 2015 by The TZ Newswire Staff Comments Off on Dollar revved up for jobs data, Nikkei hits a high
Dollar revved up for jobs data, Nikkei hits a high
The dollar held pole position in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of bond-buying. The same balance of risks kept most equity investors guarded with MSCI’s broadest index of Asia-Pacific shares outside Japan edging up 0.4 percent.
5 March, 2015 by The TZ Newswire Staff Comments Off on Brent climbs above $61 on Mideast supply concerns
Brent climbs above $61 on Mideast supply concerns
Brent crude rose above $61 a barrel on Friday amid geopolitical tensions in Libya and Iraq, while traders eyed U.S. rig counts and the outcome of Iran nuclear talks for further trading cues. Fighting has escalated in northeast Iraq where the Islamic State militants have lit up oil wells to deter Shi’ite militiamen and Iraqi soldiers from advancing. “Keeping an eye on production in that region, there are escalating tensions there that could push the spread back through that $13-$14,” said Jonathan Barratt, chief investment officer at Ayers Alliance Securities in Sydney.
5 March, 2015 by The TZ Newswire Staff Comments Off on Fed should not be too patient on rate hikes, Williams says
Fed should not be too patient on rate hikes, Williams says
Federal Reserve policymakers should not wait too long to raise interest rates, a top U.S. central banker said on Thursday, because doing so could mean “drastically” overshooting on inflation and forcing the Fed to hike rates dramatically. “I think that by mid-year it will be the time to have a serious discussion about starting to raise rates,” San Francisco Fed chief John Williams said.
5 March, 2015 by The TZ Newswire Staff Comments Off on Apple lets companies fine-tune apps before watch debut: Bloomberg
Apple lets companies fine-tune apps before watch debut: Bloomberg
Facebook Inc (FB.O), United Continental Holdings Inc (UAL.N), BMW AG (BMWG.DE) and others have spent weeks at Apple’s headquarters, working with the smartwatch to test and fine-tune apps that will debut alongside the device, Bloomberg reported, citing people familiar with the process. The watch, which will let consumers check their email, pay for goods at retail stores and monitor personal health information, will be Apple’s first major product launch since the iPad in 2010.