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Wall Street sees Fed rate hike by year-end after jobs data
Edit Deccan Chronicle 08 Oct 2016
A solid US jobs report for September reinforced expectations among Wall Street's top banks that the Federal Reserve would raise interest rates by the end of the year, according to a Reuter’s poll conducted on Friday. Fourteen of the 15 primary dealers that responded to the poll forecast a rate hike at the US central bank's December meeting ... December, which was the first rate increase in nearly a decade....
Week in Review: U.S. Jobs Report Caps Off Week Focused on Oil and Currency
Edit The Street 08 Oct 2016
September's read was disappointing -- with the headline number missing estimates and the unemployment rate ticking up -- but the chances for a December rate hike remain high. "With respect to the Fed, the September employment figures are sufficient for policymakers to hike interest rates again, most likely in December," Deutsche Bank analysts wrote in a note....
Gross Sees Clear Path for December Fed Hike as Bond Yields Soar
Edit Bloomberg 08 Oct 2016
Traders pared bets on a Fed interest-rate hike next month while maintaining wagers that the central bank will tighten policy by December. Investors are growing more confident that the Fed will move by year-end after officials have stood pat this year and repeatedly pared projections for the path of rates ... The probability of a rate hike by year-end climbed to the highest since August, according to futures data compiled by Bloomberg....
S&P;: Saudi balance sheet positions will remain strong over 2016-2019
Edit Arabnews 08 Oct 2016
Standard & Poor’s has affirmed an ‘A-/A-2’ rating for Saudi Arabia and maintains that the outlook for the Kingdom is stable ... It predicts that the average annual rate change in government debt over 2016-2019 will level out at around 5 percent of GDP ... “The ratings on Saudi Arabia are supported by its strong external and fiscal stock positions, which we expect will be maintained despite significant current account and fiscal deficits....
UPDATE 1-Illinois to lead municipal market sales next week
Edit CNBC 08 Oct 2016
SAN FRANCISCO, Oct 7- Illinois will bring $1.35 billion in general obligation refunding bonds to the municipal market next week, to take advantage of low U.S. interest rates ahead of December, when the Federal Reserve may hike rates. Illinois is the lowest-rated U.S. state but also its highest yielding, so the offer is expected to receive buyside interest from... ....
Illinois to lead municipal market sales next week
Edit CNBC 08 Oct 2016
SAN FRANCISCO, Oct 7- Illinois will bring $1.35 billion in general obligation refunding bonds to the municipal market next week, to take advantage of low U.S. interest rates ahead of December, when the Federal Reserve may hike rates. Illinois is the lowest-rated U.S. state but also its highest yielding, so the offer is expected to receive buyside interest from... ....
Gold fizzles in worst week since '13 as Fed rate fears return
Edit The Salt Lake Tribune 08 Oct 2016
Gold had the the biggest weekly loss in more than three years as investors judged that a weaker-than-expected U.S. payrolls report won’t be enough to sidetrack the Federal Reserve from raising interest rates this year. Cleveland Fed President Loretta Mester said Friday that there’s a “strong, compelling case” to raise interest rates ... in September. Higher interest rates curb the appeal of gol... ....
New turnpike toll rates are set
Edit Worcester Telegram 08 Oct 2016
BOSTON - The state Department of Transportation has approved rates for the new gantry system that will replace toll booths along the Massachusetts Turnpike at the end of the month. The DOT board of directors voted this week to approve rates for 16 gantry locations that are scheduled to go online Oct....
‘Jealousy Incarnate’ K-Drama: Jo Jung Suk And Gong Hyo Jin Kiss Scene Records Highest Viewership ...
Edit Inquisitr 08 Oct 2016
Ryeo, Our Gab Soon, and Second to Last Love are below double-digits with their viewership ratings. Fortunately for SBS, their fourth K-drama, Jealousy Incarnate, is garnering double-digit ratings since its fourth episode ... Overall, Jealousy Incarnate is a very entertaining K-drama to view all-around and now it seems it has earned its highest viewership rating ever....
SMEs not ready for tax amnesty
Edit The Jakarta Post 08 Oct 2016
The penalty rates — for both declaration and repatriation — are set at 0.5 percent for SMEs with total assets of Rp 10 billion and 2 percent for those with total assets above Rp 10 billion. Unlike non-SME participants that see rates climb higher entering the second and third phases of the amnesty program, the rates for SMEs remain flat throughout all three periods....
Happy Hour: Chasing TV ratings, and will Saturday night's race get postponed?
Edit Yahoo Daily News 08 Oct 2016
Per Sports Media Watch, television ratings for last Sunday’s race at Dover were the lowest they’ve ever been in the history of the Chase ... The 1.5 rating and 2.6 million viewers are the fewest people to ever watch a NASCAR postseason race. The ratings for the race were down over 20 percent from last year ... Again excluding rainouts, nine of the past ten NASCAR races have hit a multi-year low in ratings and viewership....
Don’t hate Trump for his low tax rate — hate Congress for making it possible
Edit Denver Post 08 Oct 2016
Nor do I consider Mitt Romney a man of lesser character for paying a 14 percent tax rate. Nor should anyone attack President Barack Obama for paying a measly 18.7 percent tax rate while his staff members are charged far more ... New York, California or Connecticut while their president sits in the White House with a tax rate 30 percentage points lower....
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