Federal Reserve US interest rates hike: This is no Doomsday for emerging markets – The City View September 14, 2015 The prospect of a Federal Reserve rate hike looms large. On Thursday we will learn whether nearly 10 years of record low interest rates in the world’s largest economy are finally over. The date is a landmark because for much of this year consensus among economists has been for a September lift-off. The [...]
Fed and China worries push stocks down – New York Report September 14, 2015 MANY investors put off making big bets ahead of the Federal Reserve’s policy meeting this week, which, along with worries over weak economic data from China, pushed US stocks down yesterday. The Dow Jones industrial average fell 62.13 points, or 0.38 per cent, to 16,370.96, the S&P 500 lost 8.02 points, or 0.41 per cent, [...]
The US Federal Reserve won’t hike interest rates while markets wobble – eToro Tips & Picks September 14, 2015 It's a massive week for financial markets, as the Federal Reserve takes centre stage and with monetary policy the big talking point. Thursday sees the Fed make its latest announcement on interest rates, with many still uncertain as to whether we will see the much-anticipated hike this month or not. European markets remained [...]
Anglo American shares fall as miner completes sale of Norte copper mine after commodities fall hits profits September 14, 2015 Mining giant Anglo American completed the sale of its Chilean copper mines to an investor consortium led by Audley Capital. The sale of Anglo American's copper business Norte was announced in late August, as one of several cost-cutting measures to off-set the effects of the global commodities rout. Audley Capital and partner Orion Mine Finance [...]
Shanghai Composite Index shares suffer amid disappointing Chinese economic data September 14, 2015 Chinese shares came under pressure again today, after disappointing economic data stoked concerns that the world's second-largest economy is losing momentum. The Shanghai Composite Index closed down 2.7 per cent, taking it to 3,114.80 points, also constituting the sharpest one-day drop since late August. Mainland Chinese shares have shed nearly 40 per cent since its [...]
Federal Reserve’s US interest rates decision sets alarm bells ringing over global debt timebomb September 13, 2015 Global debt levels have hit dangerous heights, a top financial group has warned, leaving many countries vulnerable to a US rate hike which could come as early as this week. Recent swings in global stock markets are reflective of deep underlying problems in the global economy, the Bank of International Settlements (BIS) said yesterday. [...]
UK firms suffer a widespread dip in growth September 13, 2015 The UK economy looks to have cooled off over summer with new survey data showing businesses growing at their slowest for two years in August. The figures will add to concerns over the economy’s growth which were fed by a slew of negative data last week. Lloyds Bank’s purchasing managers’ index fell to a score [...]
Markets await decision from Fed’s meeting – New York Report September 13, 2015 WITH stocks already in a corrective phase on Wall Street, this week’s long-awaited Federal Reserve meeting may not spur a wild market reaction, even if the central bank hikes rates for the first time in almost a decade. Economists are about equally split on whether the long-awaited move will come, though futures market trades are [...]
US rate hike? Wall Street analysts divided over Federal Reserve’s upcoming interest rate decision September 13, 2015 As the Federal Reserve’s pivotal decision on US interest rates looms closers, Wall Street analysts remain divided on the likely outcome. To hike or not to hike? The Fed’s big decision is coming up quick, with the interest rate-setting meeting just days away, and a Bloomberg survey of analysts showed that half are expecting a [...]
The UK’s calorie consumption keeps falling – but we’re getting fatter: Obesity crusaders are only focusing on calories-in rather than calories-out September 11, 2015 Last month, Royal Holloway University released a new study which received zero media attention. Looking at trends in Britain in the last 30 years, it found ‘a sharp reduction in the strenuousness of daily life’ while noting that ‘calorie intake has fallen by around 20 per cent.’ This occurred at a time when obesity rates [...]