1 May, 2015 by The TZ Newswire Staff Comments Off on Why Europe QE might end sooner than thought
Why Europe QE might end sooner than thought
A constant supply of strong economic could spell an earlier finish to the ECB’s 60 billion-euro-a-month QE program than originally thought.
1 May, 2015 by The TZ Newswire Staff Comments Off on China unveils new incentives to boost employment
China unveils new incentives to boost employment
China’s cabinet unveiled new measures on Friday to boost employment, offering more flexible tax breaks to companies to hire the jobless, preferential loans and incentives for farmers and new graduates. Facing slowing economic growth, Chinese authorities have said that avoiding mass unemployment is a crucial policy priority, although the real jobless rate is widely believed to be much higher than official figures.
1 May, 2015 by The TZ Newswire Staff Comments Off on Gold eyes first weekly gain in four, soft dollar aids
Gold eyes first weekly gain in four, soft dollar aids
Gold steadied on Friday after a sharp nearly 2 percent drop in the prior session, while a softer dollar kept bullion prices on track for their first weekly rise in four. The dollar index is currently mired near a more than two-month low and is set to post its biggest weekly drop since late March amid uncertainty on the timing of a rate hike by the U.S. Federal Reserve. “There is definitely some debate around when the FOMC will move.
1 May, 2015 by The TZ Newswire Staff Comments Off on Britain’s Scandal-Battered Banks Are Paralyzed
Britain’s Scandal-Battered Banks Are Paralyzed
Since the coalition government took power in 2010, U.K. bank stocks have lost 7 percent. The industry’s prospects look to be getting worse as both major political parties distance themselves from the City, London’s financial district, before the May 7 election. The Bank of England is preparing harsher stress tests this year that may force firms to bolster capital buffers and new rules require expensive firewalls to be created around consumer operations. U.K.
1 May, 2015 by The TZ Newswire Staff Comments Off on Market Snapshot: U.S. stocks: Investors upbeat ahead of ISM, consumer data
Market Snapshot: U.S. stocks: Investors upbeat ahead of ISM, consumer data
U.S.
1 May, 2015 by The TZ Newswire Staff Comments Off on Buffett: This might delay a Fed rate hike
Buffett: This might delay a Fed rate hike
The billionaire investor believes the Fed won’t be in any hurry to increase rates this year—here’s why.
1 May, 2015 by The TZ Newswire Staff Comments Off on A college ranking where Harvard doesn’t make the top of the list
A college ranking where Harvard doesn’t make the top of the list
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