The Bank of Mozambique held its standing facility lending interest rate unchanged at 15.00%. The Bank also held the required reserve...
Bank of Mozambique Holds Interest Rate at 15.00%
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The Human Race
When I was in college I should have written my thesis about how the human race and the dumbest animals on the planet, because today would have just further proved my...
Fed’s Fisher: Inflation not an issue, not a “screeching hawk” at moment
Noted hawk Dick Fisher of the Dalas Fed says he doesn’t see the Fed tightening any time soon because there is so much slack in the US economy inflation is not a concern. Therefore, he says its not appropriate to be a “screeching hawk” at the moment. The Fed is constantly working...
UPS Earnings
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Dollar comes under renewed pressure as short end of US Yield curve sheds gains
The short end of the US Yield curve is shedding some of the gains seen since the Payroll report, with Dec Eurodollar futures rising by around 14 basis points so far this morning as the market moves away from expecting early US rate hikes. Some quite horrible weekly Redbook sales data, down 4.4% y/y...
Friday Sector Leaders: Education & Training Services, Consumer Services
In trading on Friday, education & training services shares were relative leaders, up on the day by about 0.9%. Leading the group were shares...