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👤Lisa Harris
🕔October 7, 2016
Canadian employment figures have edged up to a 4 year high in its September release, indicating that a reduction in interest rates may not be necessary to keep the slow recovery from the commodities bust. Statistics Canada stated on Friday in Ottawa that Canadian employment rose by 67,200, the most since April 2012.…
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US Consumer Confidence Post 11-Month High
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👤Arthur Greene
🕔August 30, 2016
The US consumer confidence soared to an 11 month high in August, as households became more optimistic about the labour market, the release reinforces previous signs that the economy is picking up pace after falling for the first half of the year.…
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👤Lisa Harris
🕔August 29, 2016
The USD climbed to a 3 week high against the Japanese Yen today as bond yields reached their highest since June and a stock sell off was spurred by remarks made by senior Federal Reserve officials who had implied a US near-term interest rate hike was very much in the picture.…
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👤Nurudeen Amedu
🕔August 15, 2016
- Rates cut fail to deter NZD growth
- NZD gains high-yielding status
The latest efforts made by the Reserve Bank of New Zealand (RBNZ) to raise inflation and put a leash on its strengthening currency has been countered by a rebellion, with the surging housing market and a healthy economic advancement actively upholding investor confidence in the economy.…
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👤Arthur Greene
🕔August 12, 2016
All 3 major stock indices have hit record highs for the first time since 1999. Wall street stocks closed at a record high on Thursday as surging oil prices and healthy earnings report from department stores Kohl’s and Macy’s brightened investor sentiment.…
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