Shanti Kelemen, co-chief investment officer at 7IM, discusses the outlook for European stocks, stating that strong corporate earnings remain the market's main support. "I think the levels right now are probably close to as good as it gets. But the thing is that even though there are some sectors that are extremely high, there's other sectors that are lower and probably can pick up," Kelemen says on Bloomberg Television. (Source: Bloomberg)
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The UK government could publish a crucial spending plan in the second half of next year, despite expectations that it would be held in the spring or early summer.
20 weeks into the Ebola virus outbreak, health workers have managed to tamp down some of the early hotspot but the virus is still spreading in the Democratic Republic of Congo, putting experts under mounting pressure. Jennifer Zabasajja, Bloomberg’s Chief Africa correspondent reports. (Source: Bloomberg)
(RTTNews) - The Greenbrier Companies, Inc. (GBX), a provider of freight transportation equipment and services, said that it has rejected the allegations made in the petitions filed by UTLX Manufacturing LLC, a subsidiary of Berkshire Hathaway, Inc. (BRKA, BRH.F, BRK-A, BRK-B). Th
UK builders grew less optimistic about the outlook in September, putting off decisions on major projects even as the downturn in the sector showed signs of easing, a key survey showed.
The dollar index (DXY00 ) rallied to a 1.5-year high on Monday and finished up by +0.23%. The dollar moved higher on Monday amid increased safe-haven demand as political turmoil in France and Spain weighed on the euro. Higher T-note yields on Monday also strengthened the dollar’s interest rate differentials...
The dollar index (DXY00 ) rallied to a 1.5-year high on Monday and finished up by +0.23%. The dollar moved higher on Monday amid increased safe-haven demand as political turmoil in France and Spain weighed on the euro. Higher T-note yields on Monday also strengthened the dollar’s interest rate differentials...
This shallower decline isn’t limited to the one-year anniversary. The bear market itself has been milder with past downturns seeing prices plummet 77% to 85%.
UK opposition leader Kemi Badenoch played down initial claims her plans for a £10 billion ($13.2 billion) air defense program would amount to a British “iron dome” after the proposal came under scrutiny.
Key PointsFed Chair Warsh and the Federal Open Market Committee (FOMC) voted unanimously (12-0) to raise the federal funds target rate by 25 basis points on Sept. 16.