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The key focus in the coming days will be how the US Federal Reserve tweaks its monetary policy position, and …
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While you were sleeping: Solid US private payrolls
Wall Street moved higher, pushing the Dow to a record high, while the US dollar also strengthened in anticipation of …
Read More »RBA says Australian dollar near 4 1/2-year low needs to fall further
The Reserve Bank of Australia said its currency, near a 4 1/2-year low, remains over-valued and needs to decline further to …
Read More »While you were sleeping Lockhart, US retail sales
Wall Street advanced as comments by a US Federal Reserve official suggested not all policy makers believe September should mark …
Read More »NZ dollar rises as investors unwind bets on Federal Reserve tapering monetary stimulus
The New Zealand dollar rose to its highest in almost two weeks as investors unwound bets the greenback would advance …
Read More »While you were sleeping: Fisher pours cold water
Wall Street slipped from record highs amid comments by a US Federal Reserve official that the central bank should start …
Read More »While you were sleeping: Fed signals ongoing support
Wall Street advanced as US Federal Reserve policy makers kept its US$85 billion a month bond-buying program intact as the …
Read More »While you were sleeping: Investors await Fed
Disappointing earnings hurt shares of companies including Occidental Petroleum, last down 3.3 percent, and Coach, last 8.3 percent weaker. There …
Read More »While you were sleeping Stocks, bonds fall before Fed
Wall Street weakened as investors awaited more details from US Federal Reserve policy makers on paring back their bond buying …
Read More »NZ dollar edges up in volatile trading after Bernanke says stimulus dependent on economic data
The New Zealand dollar edged up in volatile trading after Federal Reserve chairman Ben Bernanke emphasised the central bank’s asset …
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