Markets
Fed Chair Janet Yellen: "Monitor your credit report!"
- September 22, 2017
The Fed gave few hints on the likelihood of a third rate increase this year, so analysts will have to watch for Fed Chair Janet Yellen's post-meeting press conference for further indications. 2 percent) indicating that inflation would climb to a long-term rate but with a delay. That is about as frank as any Fed official has been throughout this period of low inflation, in which labor market improvements and steady economic growth has not translated into the sustained price gains that the ... (more...)
- September 22, 2017
The Fed gave few hints on the likelihood of a third rate increase this year, so analysts will have to watch for Fed Chair Janet Yellen's post-meeting press conference for further indications. 2 percent) indicating that inflation would climb to a long-term rate but with a delay. That is about as frank as any Fed official has been throughout this period of low inflation, in which labor market improvements and steady economic growth has not translated into the sustained price gains that the ... (more...)
Rossi fit to ride at Aragon
- September 22, 2017
Rossi, who missed the previous San Marino Grand Prix at Misano, is fourth in the championship, 42 points behind joint leaders Marc Marquez of Spain and Italy's Andrea Dovizioso with five races remaining. "It remains to be seen if Valentino feels he can complete the entire race weekend, which is very demanding, especially at a circuit like MotorLand Aragon, with big elevation changes", said team director Massimo Meregalli. (more...)
- September 22, 2017
Rossi, who missed the previous San Marino Grand Prix at Misano, is fourth in the championship, 42 points behind joint leaders Marc Marquez of Spain and Italy's Andrea Dovizioso with five races remaining. "It remains to be seen if Valentino feels he can complete the entire race weekend, which is very demanding, especially at a circuit like MotorLand Aragon, with big elevation changes", said team director Massimo Meregalli. (more...)
Mondelez International Inc (MDLZ) Hit 1 Year Low
- September 22, 2017
If the $39.05 price target is reached, the company will be worth $1.82B less. The Florida-based State Board Of Administration Of Florida Retirement Systems has invested 0.3% in Mondelez International Inc (NASDAQ: MDLZ ). Mondelez International had a return on equity of 11.96% and a net margin of 6.92%. The business had revenue of $5.99 billion for the quarter, compared to analyst estimates of $5.98 billion. (more...)
- September 22, 2017
If the $39.05 price target is reached, the company will be worth $1.82B less. The Florida-based State Board Of Administration Of Florida Retirement Systems has invested 0.3% in Mondelez International Inc (NASDAQ: MDLZ ). Mondelez International had a return on equity of 11.96% and a net margin of 6.92%. The business had revenue of $5.99 billion for the quarter, compared to analyst estimates of $5.98 billion. (more...)
Ryanair Pilots Offered More Money but May Have to Change Holiday Plans
- September 22, 2017
Passengers on cancelled flights have complained that notice was far to short and that it was hard to claim compensation. About 500 of Ryanair's 4,200 pilots are due to take four weeks of leave in a single block in October, he said, so may be asked to defer one week of that leave until after January 1. (more...)
- September 22, 2017
Passengers on cancelled flights have complained that notice was far to short and that it was hard to claim compensation. About 500 of Ryanair's 4,200 pilots are due to take four weeks of leave in a single block in October, he said, so may be asked to defer one week of that leave until after January 1. (more...)
SpiceJet's Ajay Singh set to take control of NDTV
- September 22, 2017
Sources have confirmed to Indian Express that Ajay Singh , who is the chairman and managing director of SpiceJet will have controlling stake of around 40% in NDTVwhile 20% will be held by the promoters Prannoy Roy and his wife Radhika Roy. (more...)
- September 22, 2017
Sources have confirmed to Indian Express that Ajay Singh , who is the chairman and managing director of SpiceJet will have controlling stake of around 40% in NDTVwhile 20% will be held by the promoters Prannoy Roy and his wife Radhika Roy. (more...)
Treasury Yields Extend Rise As Investors Await Fed Meeting — BOND REPORT
- September 22, 2017
Yellen was nominated in October 2013 for the post , which requires Senate confirmation. Fed Chair Janet Yellen summarized Fed projections by saying GDP is expected to be "a touch stronger" than projected in June while inflation is seen as "softer this year and next". (more...)
- September 22, 2017
Yellen was nominated in October 2013 for the post , which requires Senate confirmation. Fed Chair Janet Yellen summarized Fed projections by saying GDP is expected to be "a touch stronger" than projected in June while inflation is seen as "softer this year and next". (more...)
Trains to Beijing running at full speed
- September 22, 2017
The speed was reduced to 300 kilometres per hour following the deadly accident in July 2011 that killed 40 people. The China Railway Corp which runs the train said last month that it will be the world's fastest commercially-used bullet train. (more...)
- September 22, 2017
The speed was reduced to 300 kilometres per hour following the deadly accident in July 2011 that killed 40 people. The China Railway Corp which runs the train said last month that it will be the world's fastest commercially-used bullet train. (more...)
Trump signs executive order targeting North Korea's trading partners
- September 22, 2017
Prime Minister Shinzo Abe addressed the U.N. General Assembly on Wednesday, calling for strict implementation of U.N. Security Council resolutions against North Korea , which has conducted a series of nuclear tests and missile launches . (more...)
- September 22, 2017
Prime Minister Shinzo Abe addressed the U.N. General Assembly on Wednesday, calling for strict implementation of U.N. Security Council resolutions against North Korea , which has conducted a series of nuclear tests and missile launches . (more...)
Nikki Haley on North Korea: 'We're Not Going to Run Scared'
- September 22, 2017
They plan to meet this week at the U.N. General Assembly. Asked him how Rocket Man is doing. A North Korean government entity said last week that Japan "should be sunken into the sea by the nuclear bomb" of the regime and warned it would "reduce the USA mainland to ashes and darkness". (more...)
- September 22, 2017
They plan to meet this week at the U.N. General Assembly. Asked him how Rocket Man is doing. A North Korean government entity said last week that Japan "should be sunken into the sea by the nuclear bomb" of the regime and warned it would "reduce the USA mainland to ashes and darkness". (more...)
Oil rises after Iraq signals possible OPEC cut extension
- September 22, 2017
The Opec-led deal began in January and involved cutting output by 1.8m barrels per day to prop up low oil prices . Kuwait's oil minister said the meeting would not discuss an extension, but his Algerian counterpart told state media that it would, Bloomberg News reported. (more...)
- September 22, 2017
The Opec-led deal began in January and involved cutting output by 1.8m barrels per day to prop up low oil prices . Kuwait's oil minister said the meeting would not discuss an extension, but his Algerian counterpart told state media that it would, Bloomberg News reported. (more...)
U.S. stocks open higher; Dow, S&P 500 hit records
- September 22, 2017
Banks benefit from higher rates, which can translate into higher profits from lending money. In 3.06pm trading, the Standard & Poor's 500 Index advanced 0.1 percent. Benchmark U.S. crude fell 43 cents, or 0.9 percent, to settle at $49.48 a barrel on the New York Mercantile Exchange. Wholesale gasoline slid 1 cent to $1.66 a gallon. (more...)
- September 22, 2017
Banks benefit from higher rates, which can translate into higher profits from lending money. In 3.06pm trading, the Standard & Poor's 500 Index advanced 0.1 percent. Benchmark U.S. crude fell 43 cents, or 0.9 percent, to settle at $49.48 a barrel on the New York Mercantile Exchange. Wholesale gasoline slid 1 cent to $1.66 a gallon. (more...)
The Fed boosts its outlook for the USA economy, cuts inflation expectations
- September 22, 2017
The Fed now expects real GDP to grow 2.2% to 2.5% in 2017, up from June's projection of 2.1% to 2.2%. The markets now buy the optimism and send the dollar higher. LONDON, Sept 20 ( Reuters ) - The dollar edged closer to 2-1/2-year lows hit earlier this month on Wednesday, as investors waited to see whether ratesetters in the United States would signal tighter policy or hold off because of tepid inflation data. (more...)
- September 22, 2017
The Fed now expects real GDP to grow 2.2% to 2.5% in 2017, up from June's projection of 2.1% to 2.2%. The markets now buy the optimism and send the dollar higher. LONDON, Sept 20 ( Reuters ) - The dollar edged closer to 2-1/2-year lows hit earlier this month on Wednesday, as investors waited to see whether ratesetters in the United States would signal tighter policy or hold off because of tepid inflation data. (more...)
Financial Shares Climb as Investors Bet on US Rate Rise
- September 22, 2017
The yield on the 10-year Treasury note jumped from 2.24% to as high as 2.29% after the Fed's economic projections indicated that most committee members expect to hike rates in December. If they do, "it would require an adjustment of monetary policy", Yellen said. However, if conditions in the economy she did reassure that the central bank could change its course. (more...)
- September 22, 2017
The yield on the 10-year Treasury note jumped from 2.24% to as high as 2.29% after the Fed's economic projections indicated that most committee members expect to hike rates in December. If they do, "it would require an adjustment of monetary policy", Yellen said. However, if conditions in the economy she did reassure that the central bank could change its course. (more...)
Android One Moto X4 Smartphone is now Official with Project Fi
- September 22, 2017
Google has announced in advance that it will get Android P next year. Lenovo-owned Motorola has launched an Android One edition of its Moto X4 smartphone in the US. The dual SIM phone runs on Android Nougat 7.1 out of the box. Up front, the Moto E4 Plus flaunts a 5MP selfie camera with LED flash, a 74-degree lens and f/2.2 aperture. (more...)
- September 22, 2017
Google has announced in advance that it will get Android P next year. Lenovo-owned Motorola has launched an Android One edition of its Moto X4 smartphone in the US. The dual SIM phone runs on Android Nougat 7.1 out of the box. Up front, the Moto E4 Plus flaunts a 5MP selfie camera with LED flash, a 74-degree lens and f/2.2 aperture. (more...)
FOMC meeting preview: Ready for the great unwind
- September 22, 2017
Asian shares wobbled on Tuesday morning despite Wall Street's strong close, with MSCI's broadest index of shares outside Japan struggling to find direction between positive and negative territory. But they still are forecasting another increase of 0.25 of a percentage point by the end of the year - a signal they think the economy is still on solid ground. (more...)
- September 22, 2017
Asian shares wobbled on Tuesday morning despite Wall Street's strong close, with MSCI's broadest index of shares outside Japan struggling to find direction between positive and negative territory. But they still are forecasting another increase of 0.25 of a percentage point by the end of the year - a signal they think the economy is still on solid ground. (more...)
Technicals in The Spotlight For Vodafone Group PLC (VOD.L)
- September 22, 2017
The stock increased 0.86% or $0.34 during the last trading session, reaching $40.05. About 1.24 million shares traded. Servelec Group PLC (SERV.L) has popped on trader's radar as the share momentum has climbed above the Aroon Down key level of 70. (more...)
- September 22, 2017
The stock increased 0.86% or $0.34 during the last trading session, reaching $40.05. About 1.24 million shares traded. Servelec Group PLC (SERV.L) has popped on trader's radar as the share momentum has climbed above the Aroon Down key level of 70. (more...)
Stocks Little Changed as Investors Play It Safe Ahead of the Fed
- September 22, 2017
There were no tectonic shifts in stock, bond or currency markets after the USA central bank said not only that it would begin trimming its $4.5-trillion portfolio of assets next month, but that it was sticking with plans to hike interest rates this year despite the markets' skepticism. (more...)
- September 22, 2017
There were no tectonic shifts in stock, bond or currency markets after the USA central bank said not only that it would begin trimming its $4.5-trillion portfolio of assets next month, but that it was sticking with plans to hike interest rates this year despite the markets' skepticism. (more...)
Principal Financial Group Inc. Grows Holdings in WPX Energy, Inc. (WPX)
- September 21, 2017
The firm owned 5,573,111 shares of the oil and gas producer's stock after acquiring an additional 1,526,097 shares during the period. Can now owns 237,694 shares of the oil and gas producer's stock valued at $3,179,000 after acquiring an additional 42,118 shares during the last quarter. (more...)
- September 21, 2017
The firm owned 5,573,111 shares of the oil and gas producer's stock after acquiring an additional 1,526,097 shares during the period. Can now owns 237,694 shares of the oil and gas producer's stock valued at $3,179,000 after acquiring an additional 42,118 shares during the last quarter. (more...)
Metals: Gold Prices Retreat as Dollar Strengthens
- September 21, 2017
FED IN FOCUS: At their latest meeting, Federal Reserve policymakers kept short-term interest rates unchanged but said they still expect one more increase this year and three in 2018, if persistently low inflation rebounds. On Monday, the two benchmark USA indexes extended gains, albeit modestly, to close at record highs. London's FTSE 100 added 0.4 percent to 7,246. (more...)
- September 21, 2017
FED IN FOCUS: At their latest meeting, Federal Reserve policymakers kept short-term interest rates unchanged but said they still expect one more increase this year and three in 2018, if persistently low inflation rebounds. On Monday, the two benchmark USA indexes extended gains, albeit modestly, to close at record highs. London's FTSE 100 added 0.4 percent to 7,246. (more...)
China offers humanitarian aid to Myanmar to help displaced in Rakhine
- September 21, 2017
One, the world has grown too used to the successive humanitarian crises that yet another such catastrophe doesn't make a difference. As a result many Rohingyas and Bangladeshis have made use of our faulty official systems to obtain voter IDs and PAN cards. (more...)
- September 21, 2017
One, the world has grown too used to the successive humanitarian crises that yet another such catastrophe doesn't make a difference. As a result many Rohingyas and Bangladeshis have made use of our faulty official systems to obtain voter IDs and PAN cards. (more...)
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Quiet to finish the weekend; rain returns next week