Archive - September, 2015

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Oil prices have flattened over the last couple of days, halting a huge sell-off from Monday; investors are still cautious as fears remain over China's economic slowdown and hefty global supplies. The sell-off on Monday came after news that Chinese industrial profits slumped in August, with the biggest drops concentrated in producers of coal, oil and metals. Commodity and equity traders will get more evidence about China's economic performance tomorrow when final manufactu…

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The Federal left short-term interest rates unchanged ending weeks of debate whether it was the right time to end an era of near-zero rates in acknowledgment of the ever improving US economy and job market. A majority of Fed officials still believe the central bank will raise rates before the end of 2015, but the central bank showed a little less conviction with the number of officials in favour slipping to 13 from 15 back in June. Janet Yellen noted in a press conference after th…

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Speculation and anticipation is growing and not just among economists, as Fed Chairman Janet Yellen is running out of excuses not to raise interest rates at next week’s Federal Reserve policy meeting. It seems that just about every indicator is saying a move would cause government bonds and the equity market little disruption but the debate remains whether the US economy has recovered sufficiently to allow the tightening of monetary policy to begin. Investors and the public…

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