Fed Not As Convinced About June As Markets (News: 16/05/16)
Today’s Press
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Fed Not As Convinced About June As Markets
Market participants place less than 10 percent chance of a rate hike in June. In contrast, San Francisco Federal Reserve President John Williams continues hold out hope for a third.
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Oil prices rise on Nigeria outages and Goldman forecast
Oil prices jumped more than 2 percent on Monday to their highest since November 2015 on the back of more disruption to supplies from Nigeria and after long-time bear Goldman Sachs said it was more positive about the market.
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Warren Buffett”s Berkshire Hathaway Takes $1 Billion Position in Apple
Warren Buffett”s Berkshire Hathaway Inc. took a new $1 billion position in Apple Inc. in the first quarter, a move that comes as the technology giant”s shares have been battered amid a slowdown in iPhone sales.
Next Trading Day’s Important Events
- 04:30 (GMT+3) RBA Minutes
- 11:30 (GMT+3) UK CPI
Forex Quotes:
- USDJPY: 108.86
- EURUSD: 1.1329
Indices:
- S&P 500: 2,059.90
- NASDAQ : 4,755.81
Source:: Fed Not As Convinced About June As Markets (News: 16/05/16)