US Federal Reserve September meeting minutes: Members worried about low inflation October 8, 2015 The US Federal Reserve held off raising interest rates in September due to concerns about low inflation. The minutes from the meeting on September 16 and 17 released today showed some Fed officials said they weren't any more confident that inflation would return to the target of two per cent in the next two years. [...]
US jobless claims fall to lowest in almost 42 years October 8, 2015 The (albeit brief) US jobs market scare is over. The number of people in the US filing for jobless benefits has hit its lowest proportion of the labour force since records began in 1948, quelling fears that the US labour had slowed. Figures last month from the US Bureau of Labour showed the number [...]
Federal Reserve Chair Janet Yellen reiterates US on course to hike interest rates this year October 7, 2015 Federal Reserve chair Janet Yellen today reiterated that the US is on course to raise interest rates this year. Speaking a week after the Fed delayed a rise in borrowing costs, she said inflation is being weighed down by temporary factors such as a strong dollar and low oil prices. However as these decrease inflation [...]
Why mobile ad blocking is good for the advertising industry October 7, 2015 Over the last few weeks it has been impossible to read any trade publications without encountering an article on ad blockers. With the introduction of iOS 9 last month, mobile ad blocking risks rising, as users receive the opportunity to opt out of advertising. Rather than descend into a blind panic about ad blockers and [...]
The Bank of England’s October minutes and interest rate decision: What economists will be watching October 7, 2015 With the minutes from the Bank of England's October meeting expected to be somewhat uneventful, economists are preparing to drill into the detail for clues as to when it will start raising interest rates. Tomorrow's meeting is the one before so-called "Super Thursday", which will see the release of the Bank's interest rate decision, minutes and [...]
Wall St dips on third-quarter earnings jitters – New York Report October 6, 2015 A five-day winning streak came to an end on Wall Street yesterday, as investors focused on upcoming quarterly reports that are expected to reflect a dip in corporate earnings. The Dow Jones industrial average edged up 0.08 per cent to end at 16,790.19 points. The S&P 500 lost 0.36 per cent to 1,979.92 and the [...]
World oil rally pushes Wall St acceleration – New York Report October 5, 2015 RISING oil prices boosted energy stocks in the US yesterday, with the S&P 500 up for a fifth day in a row for the first time this year, while investors also bet the Federal Reserve would delay raising interest rates until 2016. The Dow Jones industrial average rose 304.06 points, or 1.85 per cent, to [...]
Fed US interest rate hike delays will boost the final quarter – eToro Tips & Picks October 5, 2015 It's back to focusing on the Fed again. And this time, this comes as many push expectations for a rate hike. Friday’s poor jobs report has made the most of the major investment banks re-evaluate their position on the Fed rate hike, as it now seems that the general consensus has dramatically shifted from October [...]
US ISM non-manufacturing cools off after hot summer October 5, 2015 A closely watched indicator of the health of the US economy has fallen back to moderate levels after rocketing over summer, but the figures also show robust strengthening in the jobs market. The Institute for Supply Management’s (ISM) purchasing managers’ index (PMI) for non-manufacturing sectors dropped to a score of 56 for figures released this [...]
Politics and markets: What risks do key upcoming elections pose? October 5, 2015 Far less of a close-run thing than most had expected, the Greek elections last month confounded predictions. Syriza, led by Alexis Tsipras, bagged 7 per cent more of the vote than conservative party New Democracy – with which it had been neck-andneck in opinion polls. Now, with a more centrist hard-left party at the helm, [...]