City Index News
-
The Australian dollar traded 0.2 percent from its highest level in two months before the central bank issues its financial stability review amid bets policy makers won’t lower benchmark rates when they meet next week.
-
Chairman Ben S. Bernanke will probably start reducing the Federal Reserve’s $85 billion in monthly bond buying no earlier than the fourth quarter of 2013, economists said in a Bloomberg survey.
-
Federal Reserve Bank of Dallas President Richard Fisher said the central bank should start scaling back asset purchases because the housing market “is getting to be quite strong.”
-
The U.S. economy grew at a modest to moderate pace across most of the country amid rising consumer demand for homes and autos, the Federal Reserve said.
-
Federal Reserve Vice Chairman Janet Yellen said the Fed should press on with $85 billion in monthly bond buying while tracking possible costs and risks from the unprecedented program.
-
Federal Reserve Chairman Ben S. Bernanke has something to tout before Congress in hearings this week: job growth in the auto and housing industries.
-
Qantas Airways Ltd., Australia’s largest carrier, said first-half profit more than doubled after it took cash from canceling orders for Boeing Co. 787 jets and cut losses on long-haul routes. The shares hit a 10-month high.
-
The euro may weaken to $1.3 per dollar after the currency formed a so-called head-and-shoulders pattern, according to City Index Group Ltd.
-
Not even two competing bids for Billabong International Ltd. are enough to convince traders the Australian surfwear maker will be able to seal a deal.
-
City Index Ltd. , a spread-betting brokerage firm, was fined 490,000 pounds ($783,000) for not submitting accurate transaction reports to the U.K. finance regulator over a two-year period.
|
|
Most Popular on Bloomberg
|
| |