3 September, 2015 by The TZ Newswire Staff Comments Off on Shrinking U.S. trade gap shows economy’s underlying strength
Shrinking U.S. trade gap shows economy’s underlying strength
The U.S. trade deficit fell in July to its lowest level in five months as exports rose broadly, signaling underlying strength in the economy amid concerns about a global growth slowdown. While other data on Thursday showed an increase in the number of Americans filing new claims for unemployment benefits, the trend in jobless claims remained consistent with a strengthening labor market. The Commerce Department said the trade gap narrowed 7.4 percent to $41.9 billion, the smallest since February.
3 September, 2015 by The TZ Newswire Staff Comments Off on Fisher: Stock selloff doesn’t change Fed’s timing
Fisher: Stock selloff doesn’t change Fed’s timing
The recent stock market volatility should not give the Federal Reserve pause in raising interest rates, Richard Fisher said.
3 September, 2015 by The TZ Newswire Staff Comments Off on GoPro Stock Tumbles Again: Should Investors Be Worried?
GoPro Stock Tumbles Again: Should Investors Be Worried?
GoPro stock has now given up all of its gains of the past five months, but the outlook may not be as bad as investors seem to think.
3 September, 2015 by The TZ Newswire Staff Comments Off on US stocks climb at the open
US stocks climb at the open
S&P 500 up 8 points to 1956
Stocks are higher for the second day. The worries about emerging markets and dovish tone are good news for risk assets in general.
3 September, 2015 by The TZ Newswire Staff Comments Off on Hillary emails reveal US tried to save this country
Hillary emails reveal US tried to save this country
A batch of Hillary Clinton’s State Department emails reveals America’s efforts to garner IMF support to bail out this country.
3 September, 2015 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold retreats as focus turns to jobs report, U.S. economy
Metals Stocks: Gold retreats as focus turns to jobs report, U.S. economy
Gold futures retreat, threatening to push the precious metal to its lowest level since mid August as a return of calm in global markets saps the precious metal of haven appeal.
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3 September, 2015 by The TZ Newswire Staff Comments Off on EURUSD bounces off 100 day MA
EURUSD bounces off 100 day MA
100 day MA at 1.11089. Low at 1.11062. Sellers still in charge
The EURUSD fell sharply with little in the way of corrections on the Draghi press conference comments.