The Australian bond market is firmer as traders in the US and Australia moved into safe haven assets after disappointing US economic data. Figures out on Wednesday night showed that activity in the US manufacturing sector slowed for the fifth straight month in March and US businesses added only 189,000 jobs to the American economy Read More
April 2015
The crucial fact we’re all missing A FIERCE debate is raging across the country at the moment, and one crucial fact is being left out. Of course, it involves money. Lots and lots of money.
By Marcy Gordon, The Associated Press WASHINGTON – Federal regulators have charged two major U.S. food companies, Kraft and Mondelez, with manipulating prices for wheat and wheat futures in a scheme that reaped more than $ 5.4 million in profit. The Commodity Futures Trading Commission announced the civil charges Wednesday against the two companies. The Read More
Bond futures prices have surged on the back of disappointing economic data out of the US. Growth in the US manufacturing sector slowed for the fifth straight month in March. And US businesses increased nonfarm payrolls by just 189,000 jobs in March, payrolls firm ADP said, the first time since January 2014 that fewer than Read More
WASHINGTON (AP) — Federal regulators have charged two major U.S. food companies, Kraft and Mondelez, with manipulating prices for wheat and wheat futures in a scheme that reaped more than $ 5.4 million in profit. The Commodity Futures Trading Commission announced the civil charges Wednesday against the two companies. The agency said the companies used Read More
* S&P 500, Nasdaq coming off 9th quarterly rise * ADP data misses expectations, raising payroll concerns * Futures down: Dow 60 pts, S&P 8 pts, Nasdaq 14.5 pt (Updates trading, adds data, analyst comment) By Ryan Vlastelica NEW YORK, April 1 (Reuters) – Dow Futures pointed to a lower open on Wednesday as a Read More
* S&P 500, Nasdaq coming off 9th quarterly rise * Crude oil down for fourth day, may pressure energy names * Investors await data on labor market, manufacturing * Futures: Dow up 4 pts, S&P down 1.5 pt, Nasdaq down 0.75 pt By Ryan Vlastelica NEW YORK, April 1 (Reuters) – Dow Futures were little Read More
DailyFX.com – Talking Points: US Dollar May Fall as ADP, ISM Data Undermines Fed Outlook NZ FinMin English Comments Send Kiwi Dollar Lower Overnight Access Real-Time FX Markets Analysis with DailyFX on Demand The US Dollar continued to advance higher in overnight trade, with prices on pace to deliver a fifth consecutive day on the Read More
By Eric Yep Crude-oil futures were choppy in Asian trade Wednesday as markets kept a close watch on U.S.-Iran nuclear talks and the build-up in U.S. oil supplies. On the New York Mercantile Exchange, light, sweet crude futures for delivery in May traded at $ 47.38 a barrel Read More
DUBAI: Gulf stock markets fell in panic sell-offs on Wednesday after US crude futures dropped to afresh six-year low and Brent oil also retreated.US oil futures dropped about 3 percent and traded just above $ 42 per barrel after crude inventories rose by 10.5 million barrels to 450 million in the week to March 13, Read More