16 December, 2015 by The TZ Newswire Staff Comments Off on A Majority Of Americans Oppose "Assault Weapons Ban" – Highest Number On Record
A Majority Of Americans Oppose "Assault Weapons Ban" – Highest Number On Record
16 December, 2015 by The TZ Newswire Staff Comments Off on Why the Fed will hike at every other meeting -SEB
Why the Fed will hike at every other meeting -SEB
Mattias Bruér from SEB Research and Strategy:
As widely expected, for the first time since 2006 the Fed announced
that it is raising interest rates thus making the zero interest policy history
as of today. The target range for the fed funds was taken to 0.25-0.50
per cent with none of the 10 voters dissenting. The decision seem to have
injected confidence in stock markets, while 2-year yields rose a few points to
the highest levels seen since April 2010.
16 December, 2015 by The TZ Newswire Staff Comments Off on In Dramatic Reversal, US Vice President Biden Calls On Turkey To Withdraw Its Troops From Iraq
In Dramatic Reversal, US Vice President Biden Calls On Turkey To Withdraw Its Troops From Iraq
It has been a strange two days for US foreign policy.
16 December, 2015 by The TZ Newswire Staff Comments Off on New Zealand fin min: Weaker NZD is desirable
New Zealand fin min: Weaker NZD is desirable
Comments from the New Zealand finance minister:
– New Zealand economic fundamentals are good
– RBNZ’s 2014 rate increases curbed growth this year
– Fed hike is good news for NZ economy
That’s some weak jawboning and he took a little swipe at the RBNZ there as well.
16 December, 2015 by The TZ Newswire Staff Comments Off on MarketWatch First Take: Oracle: This is the bottom for earnings, cloud will rain cash soon
MarketWatch First Take: Oracle: This is the bottom for earnings, cloud will rain cash soon
Oracle Corp.’s shares went on a roller coaster ride during the company’s earnings call Wednesday as investors mulled the diverging stories in its better-than-expected results, with sales of cloud software soaring 26% but also possibly taking away from the core business.
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16 December, 2015 by The TZ Newswire Staff Comments Off on Asia stocks up as Fed goes gradual; oil takes a spill
Asia stocks up as Fed goes gradual; oil takes a spill
The Federal Reserve’s 25-basis-point increase was almost a decade in the making and easily one of the most telegraphed in history. “The Fed will be absolutely delighted with the lack of volatility across all asset classes,” said Alan Ruskin, global head of forex at Deutsche.
16 December, 2015 by The TZ Newswire Staff Comments Off on S&P 500 Follows Through After Fed Hikes Interest Rates
S&P 500 Follows Through After Fed Hikes Interest Rates
The S&P 500 marked a follow-through day Wednesday after the Fed raised interest rates by a quarter point, the first increase since June 2006. The S&P 500 and Nasdaq rallied 1.5%. The Dow rose 1.3% and the IBD 50 added 1.1%. Market breadth was solid, with advancing stocks beating decliners by 9 to 2 on the NYSE. On the Nasdaq, winners topped losers by nearly 3 to 1.