28 July, 2015 by The TZ Newswire Staff Comments Off on As Fed approaches rate hike, job growth shifts away from oil patch
As Fed approaches rate hike, job growth shifts away from oil patch
The rebound in U.S. jobs, limited in the early part of the recovery to a handful of booming industries such as oil, has broadened across the country as old-line industrial areas such as Michigan and sun belt hubs like Florida pick up the slack. A Reuters analysis of state-level data shows recovery in jobs has been spreading across the country and industries, helping offset the reversal in fortunes in some oil patch states.
28 July, 2015 by The TZ Newswire Staff Comments Off on EURGBP heads south after UK Q2 GDP
EURGBP heads south after UK Q2 GDP
And now getting another kick on from softer euro as EURUSD takes out 1.1050 support
Bids/support at 0.7100 and 0.7080-85 now history as the pair gets a double whammy to push lower
28 July, 2015 by The TZ Newswire Staff Comments Off on Market Snapshot: U.S. stock futures climb with key Fed meeting in focus
Market Snapshot: U.S. stock futures climb with key Fed meeting in focus
Wall Street is on track to break a five-session losing streak, with stock futures tilting higher ahead of a highly anticipated Federal Reserve meeting that could hint at the timing of the first rate hike.
read more
28 July, 2015 by The TZ Newswire Staff Comments Off on EU says "progress continues to be made" on Greek bailout
EU says "progress continues to be made" on Greek bailout
That’s ok then.. We can all relax
28 July, 2015 by The TZ Newswire Staff Comments Off on Progress continues to be made towards Greek program says EU
Progress continues to be made towards Greek program says EU
One of our daily EU/Greek updates
– Cooperation with Greek authorities is working smoothly
– Sees no fixed deadline, sees a deal in 2nd week of August
– Premature to specify further Greek prior actions
That’s EU’s Andreeva on Bloomers and separately Reuters report a source saying that Greece is awaiting ECB consent to reopen the stock market, but is uncertain if that can be done Wednesday
28 July, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar gains against yen, but weakens vs. pound
Currencies: Dollar gains against yen, but weakens vs. pound
The dollar advanced against the yen on Tuesday as worries about China’s stock selloff abated somewhat, but the buck fell against the pound after the latest reading on U.K.
28 July, 2015 by The TZ Newswire Staff Comments Off on Tax Guy: When financial aid is taxable
Tax Guy: When financial aid is taxable
Financial assistance for school is not always tax-free, writes Bill Bischoff.
read more