British pound rises as Carney plays down wages

Posted by Forexsq 3 days ago (http://www.marketwatch.com)
img The British pound rose against the dollar on Monday after the Bank of England chief signaled that the central bank could raise interest rates before wage growth accelerates.

Investors have been digesting mixed signals about when the U.K. will raise benchmark lending rates — now held at 0.5% — with forecasts largely converging around the beginning of next year. Growth in worker earnings, largel

Ferguson at Turning Point After Night of Relative Calm

Posted by Forexsq 1 day 21 hours ago (http://www.bloomberg.com)
img The city of Ferguson, Missouri, returned to relative calm after successive nights of violence in what police said marked a turning point in the protests that followed the shooting dead of an unarmed black teenager.

Officers dispersed protesters in Ferguson last night without using tear gas for the first time in four days, Capt. Ron Johnson of the Missouri State Highway Patrol told reporters ea

Dollar Reaches Two-Week Low Before CPI Data, Jackson Hole

Posted by Forexsq 3 days ago (http://www.bloomberg.com)
img The dollar strengthened against the euro after a report showed confidence among U.S. homebuilders reached the highest level in seven months, bolstering the case for an accelerating U.S. economy.

The pound rose the most in one month versus the dollar after Bank of England Governor Mark Carney said officials may raise borrowing costs before wages increase. The ruble strengthened after Russia mad

Futures little changed with Fed minutes on tap

Posted by Forexsq 1 day 21 hours ago (http://www.reuters.com)
img U.S. stock futures were little changed, after the Standard & Poor’s 500 Index climbed toward a record yesterday, as companies from Lowe’s Cos. to Target Corp. fell amid weaker forecasts and investors awaited minutes from the Federal Reserve’s last meeting.

Target lost 1.8 percent after reducing its earnings outlook as slumping sales and a money-losing push into Canada take a toll on profit. Lo

U.S. Stocks Advance as Concerns Ease Over Ukraine, Iraq

Posted by Forexsq 3 days ago (http://www.bloomberg.com)
img U.S. stocks rose, after the biggest weekly gain since July for the Standard & Poor’s 500 Index, as diplomats from Ukraine and Russia discussed a possible truce and Kurdish forces made progress against militants in Iraq.

Dollar General Corp. surged 9.1 percent after offering $9.7 billion for Family Dollar Stores Inc. Family Dollar rallied 4.7 percent. Monster Beverage Corp. (MNST) declined 2.3

U.S. Stock Futures Are Little Changed Before Fed Minutes

Posted by Forexsq 1 day 21 hours ago (http://www.bloomberg.com)
img U.S. stock futures were little changed, after the Standard & Poor’s 500 Index climbed toward a record yesterday, as companies from Lowe’s Cos. to Target Corp. fell amid weaker forecasts and investors awaited minutes from the Federal Reserve’s last meeting.

Target lost 1.8 percent after reducing its earnings outlook as slumping sales and a money-losing push into Canada take a toll on profit. Lo

Dollar General Makes $9.7 Billion Family Dollar Counterbid

Posted by Forexsq 3 days ago (http://www.bloomberg.com)
img Dollar General Corp. offered $9.7 billion for Family Dollar Stores Inc., (FDO) setting off a bidding war for a company that had agreed to an $8.5 billion takeover by Dollar Tree Inc. (DLTR) last month.

Dollar General plans to pay $78.50 a share in cash, compared with Dollar Tree’s bid of $74.50 a share in cash and stock, according to a statement today. The deal will generate $550 million to $6

Dollar hits multi-month highs on U.S.-economy optimism

Posted by Forexsq 1 day 21 hours ago (http://www.marketwatch.com)
img The dollar rose against other major currencies on Wednesday in Asia following strong U.S. housing data and as geopolitical tensions eased in Eastern Europe.

The greenback hit a four-month high against the yen and the British pound and a nine-month high against the euro after the data showed U.S. home construction surged in July, bolstering the case for the U.S. economic recovery and a rate hik

Morgan Stanley Enabled Rosneft as No. 1 Until Crimea Grab

Posted by Forexsq 3 days ago (http://www.bloomberg.com)
img Long before the Ukraine crisis ruptured U.S.-Russian relations, Vladimir Putin and his right-hand man, Igor Sechin, hosted then-Morgan Stanley Chief Executive Officer John Mack at an exclusive reception at Putin’s Novo-Ogaryovo estate outside Moscow.

According to the Kremlin, Putin thanked Mack and a few other foreign bankers at the October 2006 gathering for leading the $10 billion initial pu

Ukraine Gains Against Rebels as Diplomacy Intensifies

Posted by Forexsq 1 day 20 hours ago (http://www.bloomberg.com)
img Ukraine’s armed forces said they continue to push back separatists in fighting in the country’s east ahead of a possible face-to-face meeting of the Russian and Ukrainian leaders next week.

Soldiers from Ukraine’s National Guard captured the city of Ilovaysk, leading separatists to counter-attack using tanks and artillery, the National Guard said in a statement today on its website. Nine Ukrai

Nixon Sends Missouri National Guard Into Ferguson

Posted by Forexsq 3 days ago (http://www.bloomberg.com)
img Missouri Governor Jay Nixon ordered the state National Guard to restore peace after a third straight night of violence in the St. Louis suburb rocked by protests over the killing of an unarmed black teenager by a police officer.

Nixon’s decision came after organized groups attacked police officers with firearms and gasoline bombs last night, leading police to fire a barrage of tear gas into th

Jobless Claims in U.S. Declined More Than Forecast | Top Forex Brokers

Posted by Forexsq 19 hours ago (http://www.topforexbrokers.com)
img The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week, pointing to a sustained improvement in labor market conditions. Initial claims for state... moreShare it now!

Dollar Holds Advance on Fed Rate Outlook | Top Forex Brokers

Posted by Forexsq 2 days ago (http://www.topforexbrokers.com)
img The dollar held gains against major peers as signs of economic recovery supported the case for the Federal Reserve to raise interest rates. The pound dropped to a four-month low... moreShare it now!

Dollar Declines From 11-Month High Before Yellen; Krone Rallies

Posted by Forexsq 19 hours ago (http://www.bloomberg.com)
img The dollar fell from the highest in 11 months versus the euro before Federal Reserve Chair Janet Yellen speaks tomorrow at a meeting of central bankers in Jackson Hole, Wyoming.

The U.S. currency rallied yesterday after minutes of the July Fed meeting showed policy makers raised the possibility they may raise interest rates sooner than anticipated. Norway’s krone gained the most in more than a

China targets executive pay at state-owned firms

Posted by Forexsq 2 days ago (http://money.cnn.com)
img President Xi Jinping has pledged to limit executive pay at China's powerful state-owned companies, the latest point of emphasis in a sustained austerity campaign.

"State-owned companies must realize more equitable salary levels," Xi said, according to state news agency Xinhua. "Unusually high executive salaries must be regulated."
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