News archive from 6 July 2013

US jobs data strengthens tapering chances

US job growth was stronger than expected in June and the payroll gains for the prior two months were revised higher, cementing expectations for the Federal Reserve to start winding down its massive stimulus program as early as September. Employers...

 

Jobs figures lift US shares

US stocks rose sharply on Friday after robust jobs data pointed to economic growth and investors overcame concerns that the Federal Reserve may begin scaling back its stimulus efforts as soon as September. After choppy trading through much of the...

 

Euro stocks fall on US QE wind back expectations

Sectors sensitive to changes in economic sentiment led the market lower, with the basic resources sector down 4.3 per cent. The pan-European FTSEurofirst 300 closed down 1.3 per cent at 1,163.55, after non-farm payrolls beat expectations by 30,000...

 

US jobs data strengthens tapering chances

US job growth was stronger than expected in June and the payroll gains for the prior two months were revised higher, cementing expectations for the Federal Reserve to start winding down its massive stimulus program as early as September. Employers...

 

Jobs figures lift US shares

US stocks rose sharply on Friday after robust jobs data pointed to economic growth and investors overcame concerns that the Federal Reserve may begin scaling back its stimulus efforts as soon as September. After choppy trading through much of the...

 

Euro stocks fall on US QE wind back expectations

Sectors sensitive to changes in economic sentiment led the market lower, with the basic resources sector down 4.3 per cent. The pan-European FTSEurofirst 300 closed down 1.3 per cent at 1,163.55, after non-farm payrolls beat expectations by 30,000...

 

US jobs data strengthens tapering chances

US job growth was stronger than expected in June and the payroll gains for the prior two months were revised higher, cementing expectations for the Federal Reserve to start winding down its massive stimulus program as early as September. Employers...

 

Jobs figures lift US shares

US stocks rose sharply on Friday after robust jobs data pointed to economic growth and investors overcame concerns that the Federal Reserve may begin scaling back its stimulus efforts as soon as September. After choppy trading through much of the...

 

Euro stocks fall on US QE wind back expectations

Sectors sensitive to changes in economic sentiment led the market lower, with the basic resources sector down 4.3 per cent. The pan-European FTSEurofirst 300 closed down 1.3 per cent at 1,163.55, after non-farm payrolls beat expectations by 30,000...

 

US stocks surge on jobs report

US stocks have racked up solid gains after a good US jobs report for June. At the closing bell on Friday, the Dow Jones Industrial Average jumped 147.29 (0.98 per cent) to 15,135.84. The broad-based S&P 500 rose 16.48 (1.02 per cent) to 1631.89,...

SBS, 09:59 in Business
 
Dollar's back to future

Dollar's back to future

Australia tipped to muddle through Expect a bumpy ride as mining boom peaksForecasters come up trumps but BT in lead Australians should get comfortable with a currency sitting well below parity, with economists surveyed by BusinessDay tipping the...

 

Expect a bumpy ride as mining boom peaks

Australia's top economists warn the fallout from the end of the peak of the mining investment boom could be messier than expected. They also believe the so-called economic ''baton change'' from mining to non-mining parts of the economy could take...

 
Australia tipped to muddle through

Australia tipped to muddle through

Expect a bumpy ride as mining boom peaksDollar's back to the futureForecasters come up trumps but BT in lead Australia's growth in 2013-14 will be slow, but it won't stop. The mining investment boom has probably peaked, but will decline only...

 

EU threatens to suspend data-sharing with US

The threat reflects European disquiet about allegations that the United States has engaged in widespread eavesdropping on European Internet users as well as spying on the EU. Cecilia Malmstrom, the EU's home affairs commissioner, wrote to two senior...

 
Dollar's back to future

Dollar's back to future

Australia tipped to muddle through Expect a bumpy ride as mining boom peaksForecasters come up trumps but BT in lead Australians should get comfortable with a currency sitting well below parity, with economists surveyed by BusinessDay tipping the...

 
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