13 April, 2015 by The TZ Newswire Staff Comments Off on It’s Getting Expensive to Be a Bear as Rules Pinch Options
It’s Getting Expensive to Be a Bear as Rules Pinch Options
More than just a casino for day traders, the options market is where institutions pay millions of dollars a day to hedge investments. Lately, amid a crackdown on risk- taking, they’ve been paying a little more.
13 April, 2015 by The TZ Newswire Staff Comments Off on As Europe and Greece get worse, invest more
As Europe and Greece get worse, invest more
Investors currently are not keen on investing in the equities of Greece or other weak economies in southern Europe.
13 April, 2015 by The TZ Newswire Staff Comments Off on Budget deficit rises to $53 billion in March
Budget deficit rises to $53 billion in March
The United States ended the month of March with a budget deficit of $53 billion, up 43 percent from the same period last year, the U.S. Treasury Department said on Monday. The deficit was $37 billion in March of 2014, according to Treasury’s monthly budget statement. Differences in the monthly calendar affected March’s budget results. If adjusted for timing-related transactions, the budget deficit would have been $89 billion.
13 April, 2015 by The TZ Newswire Staff Comments Off on Do not take market-based views at face value: San Francisco Fed
Do not take market-based views at face value: San Francisco Fed
Federal Reserve policymakers should not read too much into financial market prices to glean the views of investors on interest rates or inflation because prices are hard to decipher, according to research released Monday by the San Francisco Fed. “Fluctuations in risk and liquidity premiums and in other market forces complicate how market-based expectations are interpreted and used by policymakers — including central bankers,” wrote Michael Bauer and Glenn Rudebusch, top researchers at the regional bank. As U.S.
13 April, 2015 by The TZ Newswire Staff Comments Off on Oil prices rise on expected dip in U.S. shale output
Oil prices rise on expected dip in U.S. shale output
Crude prices rose on Tuesday on expectations U.S. shale oil output will record its first monthly decline in over four years, but analysts warned that the broader market remained oversupplied. Front-month Brent crude futures (LCOc1) were trading up 52 cents a $58.45 a barrel by 0332 GMT (7.32 a.m. ET), while U.S. crude (CLc1) had risen 63 cents to $52.54. The U.S. Energy Information Administration expects U.S. shale production to fall by 45,000 barrels to 4.98 million barrels per day in May from April.
13 April, 2015 by The TZ Newswire Staff Comments Off on Time running out on Greek debt talks, says top EU official
Time running out on Greek debt talks, says top EU official
Greece is not moving fast enough to draw up and implement structural reforms and there is limited time to prevent it running out of cash, European Commission Vice President Valdis Dombrovskis said on Monday. Time is running out,” Dombrovskis told Reuters in an interview. A meeting of deputy finance ministers — called the Euro Working Group — on Thursday gave Athens a deadline of six working days to present a revised economic reform plan, before euro zone finance ministers meet on April 24 to decide whether to unlock emergency funding to keep Greece afloat.
13 April, 2015 by The TZ Newswire Staff Comments Off on A global development financier’s Silicon Valley foray
A global development financier’s Silicon Valley foray
San Francisco-based startup Planet Labs, a company that aims to blanket the skies with low-cost satellites, has raised nearly $140 million from investors that include Russian billionaire Yuri Milner and SpaceX backer Draper Fisher Jurvetson. Now, the company has raised an additional $20 million from an unlikely contender: the venture arm of the International Finance Corporation, a multilateral lending organization that’s part of the World Bank.