12 June, 2015 by The TZ Newswire Staff Comments Off on Fed moves closer to policy change in week ahead
Fed moves closer to policy change in week ahead
With stocks range bound, traders await the Fed’s latest message on normalizing policy, after nine years of no interest rate hikes.
12 June, 2015 by The TZ Newswire Staff Comments Off on Gold Falls A Bit; Dollar Remains A Big Influence
Gold Falls A Bit; Dollar Remains A Big Influence
The dollar is dominating the gold market. With markets showing relative calm in the face of Greece’s debt crisis and equities near all-time highs, there’s little demand for the safety of haven assets like gold, giving changes in the dollar more sway. The metal has moved in the opposite direction as the Bloomberg Dollar Spot Index every day except one this month.
12 June, 2015 by The TZ Newswire Staff Comments Off on Mortgage Stocks Rallying, Led By Essent Group
Mortgage Stocks Rallying, Led By Essent Group
Mortgage services stocks are rallying, despite rising interest rates. IBD’s mortgage services industry group ranked No. 21 in Friday’s edition, up from 55 just three weeks ago. Why the sudden charge when the cost of borrowing is going up? The Mortgage Bankers Association (MBA) says that job gains in May and initial signs of wage growth are supporting the market.
12 June, 2015 by The TZ Newswire Staff Comments Off on Commodities Corner: Drought-stricken California loves gasoline more than water
Commodities Corner: Drought-stricken California loves gasoline more than water
California’s refineries aren’t required to curtail water consumption, according to a special report from Platts.
read more
12 June, 2015 by The TZ Newswire Staff Comments Off on 3 Stocks to Watch in Oil Rigs
3 Stocks to Watch in Oil Rigs
Onshore oil rigs have been hard hit by falling oil prices, but once conditions improve Seventy Seven Energy Inc, Pioneer Energy Services Corp, and Precision Drilling Corp are poised to thrive.
12 June, 2015 by The TZ Newswire Staff Comments Off on Consumer stocks outperform but still have appeal
Consumer stocks outperform but still have appeal
The middle class is back, and some analysts say it’s time to dip into the retail stocks that could benefit the most.
12 June, 2015 by The TZ Newswire Staff Comments Off on Greece Uncertainty Continues to Weigh on Markets
Greece Uncertainty Continues to Weigh on Markets
Today’s financial recap and tomorrow’s financial outlook.