Markets

Markets German private sector's growth surges to 77-month high before election
Author: 0 German private sector's growth surges to 77-month high before election

The US Dollar weakened during noon trading Friday, on multiple factors, ahead of the release of September's PMI surveys for the manufacturing and services industries. Overall growth rates in September are expected to fall in line with August, which was a seven-month peak. The output price index rose to 52.6 from 52.1.

Markets US Federal Reserve keeps interest rates unchanged
Author: 0 US Federal Reserve keeps interest rates unchanged

They also have lowered their long-run forecast for the benchmark interest rate the Fed controls to 2.8 percent, down from 3 percent in a previous forecast in June. Still, the Fed said in a statement that prices for gasoline and other items might temporarily spike because of the damage caused by Hurricanes Harvey , Irma and Maria .

Markets Family left out of pocket by Ryanair's cancellations
Author: 0 Family left out of pocket by Ryanair's cancellations

However, after an intervention from the Civil Aviation Authority the airline will now have to accommodate passengers on rival airlines - if necessary. He also said there have been no demands for new contracts. He accused some pilots of being "precious about themselves" and "full of their own self importance".

Markets Pressure, not dialogue needed on North Korea: Abe
Author: 0 Pressure, not dialogue needed on North Korea: Abe

US Treasury Secretary Steven Mnuchin said yesterday that firms around the world must now choose between doing business with the United States or North Korea , under broad new sanctions authorised by the United States. Trump had mentioned in his general debate address on Tuesday the abduction of "sweet 13-year-old Japanese girl" Megumi Yokota, who has become symbolic of the abductees' plight, as well as the death of US student Otto Warmbier shortly after his release from North Korean ...

Markets Haley: Diplomacy efforts with North Korea 'pretty much exhausted'
Author: 0 Haley: Diplomacy efforts with North Korea 'pretty much exhausted'

In her interview on CNN , Haley said Trump would not want to harm an investigation but was "emotional and passionate" about what happened in the United Kingdom. Military options available to Trump range from a sea blockade aimed at enforcing sanctions to cruise missile strikes on nuclear and missile facilities to a broader campaign aimed at overthrowing leader Kim Jong Un .

Markets Will OPEC Extend Output Cuts Again?
Author: 0 Will OPEC Extend Output Cuts Again?

In May, Opec and non-Opec members agreed to extend production cuts of 1.8m barrels per day for a period of nine months until March 2018 but rising production from the U.S., Nigeria and Libya has undermined the oil cartel's efforts to curb excess supply.

Markets Bill Gates wishes ctrl-alt-del was one button
Author: 0 Bill Gates wishes ctrl-alt-del was one button

Gates, while revealing his dislike of the command, said if he could go back and change anything about the software that made him a multi-billionaire it would be to add the ability to perform the command using only a single key, according to International Business Times.

Markets Shareholder United Services Automobile Association Has Boosted Wal (WMT) Holding
Author: 0 Shareholder United Services Automobile Association Has Boosted Wal (WMT) Holding

Deere & Co now has $40.03B valuation. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer's stock worth $108,000 after purchasing an additional 45 shares in the last quarter.

Markets Walgreens Boots Alliance, Inc. (WBA) Stock Rating Lowered by BidaskClub
Author: 0 Walgreens Boots Alliance, Inc. (WBA) Stock Rating Lowered by BidaskClub

The net percent change held by Institutional Investors has seen a move of -0.79% in last quarter. Tarbox Group Inc. increased its position in shares of Walgreens Boots Alliance by 288.3% in the first quarter. And the values below 20 that it is oversold indicate prices could very well bounce upwards. Janney Montgomery Scott upped its stake in Walgreens Boots Alliance by 11.8% in the 1st period.

Markets The Fed boosts its outlook for the USA economy, cuts inflation expectations
Author: 0 The Fed boosts its outlook for the USA economy, cuts inflation expectations

Along these lines, the FOMC has been gradually reducing their estimate of the neutral Federal Funds Rate and the terminal Fed Funds Rate for some time, and this adjustment is another step in that direction. Fed is closely monitoring the global economic and financial developments as well as measures of inflation. The interest rate decision itself is nearly universally expected to hold the target range for the Fed Funds rate unchanged at 1.00%-1.25% for the time being.

Markets Metals: Gold Prices Inch Lower Ahead of Fed Meeting
Author: 0 Metals: Gold Prices Inch Lower Ahead of Fed Meeting

USA central bank leaders are expected to hold the key interest rate steady this week, but they may begin trimming a huge bond-buying program that was meant to boost economic growth. "The Fed will need to protect their December interest-rate hike, while maintaining their somewhat dovish tone when it comes to the trimming the size of their balance sheet and this would be a major challenge", he added.

Markets Death Wish Coffee recalls canned range over potential botulism risk
Author: 0 Death Wish Coffee recalls canned range over potential botulism risk

A company claiming to have the " world's strongest coffee " has recalled its nitro cold brew cans over fear they could lead to botulism . The ad showed a Viking galley ship in stormy waters with the crew exhorted to keep rowing; the ship and the sea end up in a cup of Death Wish coffee downed by a man in his 21st-century kitchen.

Markets Fed to start selling bonds, keeps interest rates steady
Author: 0 Fed to start selling bonds, keeps interest rates steady

Markets will have an eye on the latest developments regarding the planned Iraqi Kurdish referendum, which has put pressure on the lira. "Normalizing" its balance sheet - that is, putting things more or less back to normal - isn't something the Fed has ever done before either.

Markets Australia's CBA to sell insurance business to make AIA region's biggest
Author: 0 Australia's CBA to sell insurance business to make AIA region's biggest

He will be in charge of the organizational changes to follow the sale and leadership restructure. The duo will also enter a 20-year "bancassurance" partnership, where AIA will sell life insurance to CBA customers in the two countries. It had bought ING Groep's Malaysian insurance unit for US$1.7 billion in 2010. The aggregate gross embedded value of CommInsure Life and Sovereign was AUD 3.53 billion ($2.82 billion) as at June 30.

Markets Daimler to Invest $1 Billion in Alabama Plant, Create Over 600 Jobs
Author: 0 Daimler to Invest $1 Billion in Alabama Plant, Create Over 600 Jobs

The German automaker, Daimler AG, plans to add $1 billion in new investment and create 600 new jobs at its manufacturing center in Tuscaloosa, Alabama to make electric vehicles and the batteries to run them. USA automakers are dealing with increasing pressure amid sluggish demand in the country, as Asian and European auto companies strongly increase vehicle production in North America, including a recent investment by Daimler.

Markets Morgan Stanley Boosts Spectris plc (SXS) Price Target to GBX 2860
Author: 0 Morgan Stanley Boosts Spectris plc (SXS) Price Target to GBX 2860

Associated British Foods plc is an worldwide food, ingredients and retail company. Based on the latest brokerage notes which have been released to investors, 2 brokers have issued a rating of "strong buy", 0 brokers "buy", 2 brokers "neutral", 0 brokers "sell" and 0 brokers "strong sell".

Markets Stocks mostly higher on Fed news
Author: 0 Stocks mostly higher on Fed news

The Fed will also release new economic forecasts, and could also talk about the impact which the hurricane season will have on U.S. growth. Fed officials cautioned that the devastation of Hurricanes Harvey, Irma and Maria would hold back the US economy in the "near term".

Markets The Fed Stands Pat On Rates
Author: 0 The Fed Stands Pat On Rates

Meanwhile while the main focus for USD investors this week with undoubtedly be the Fed rate decision on Wednesday the US Dollar could still be impacted by the release of US export prices on Tuesday, with the "Greenback" possibly slipping if prices fell as expected.