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Daily Market Report
for 31/10/2014
Indian rupee weakens in line with Asia as Fed seen hawkish
31 Oct 2014 00:37 Reuters India
Sentiment positive on INR as foreign inflows continue: trader. By Neha Dasgupta. MUMBAI, Oct 30 (Reuters) - The Indian rupee hit a two-week low on Thursday, falling for a third consecutive session as the dollar got a boost after the U.S. Federal ...  more...
Not made in China: Garment manufacturing Part II
31 Oct 2014 10:00 CNNMoney
As labor costs in the "world's factory" continue to rise dramatically, global fashion brands are looking elsewhere to source apparel.  more...
Heartland affirms FY guidance
31 Oct 2014 16:39 Scoop
Oct. 31 (BusinessDesk) - Heartland New Zealand, the bank formed through the merger of Canterbury and Southern Cross building societies with Marac Finance, affirmed its earnings guidance for the 2015 financial year, and sees annual consumer lending ...  more...
New Zealand Dollar Forecast to Receive Another Nudge from the RBNZ Over ...
31 Oct 2014 06:37 Pound Sterling Live
The NZ dollar exchange rate complex (NZD) retains a fragile bias amidst fears that the country's central bank may hammer the currency lower once again.  more...
Brink's Reports Third-Quarter Results
31 Oct 2014 01:33 CNNMoney
The negative currency impact was due mainly to the devaluation of the Venezuelan bolivar earlier this year. "We've reduced our 2014 non-GAAP segment margin rate to a range between 5.5% and 6.0% and expect full-year revenue of about $3.7 billion.  more...
Australian dollar recovers after Fed hit
31 Oct 2014 09:15 The Australian
... was trading at US88.34 cents, up from US87.65c yesterday. The Australian dollar fell more than one US cent yesterday after the Fed showed growing confidence in the American economy and looked towards increasing its interest rate some time in 2015.  more...
Ebos 1Q trading up 10%, new CEO Davies says
31 Oct 2014 14:56 Scoop
Oct. 31 (BusinessDesk) - Ebos Group, the healthcare and animal care products company, is tracking ahead of last year in the first three months of trading, as it beds in a much bigger focus in Australia after its 2013 acquisition of pharmaceutical firm ...  more...
Forex - Australian dollar eases as PPI, privae sector credit mixed
31 Oct 2014 14:52 Investing.com
Still, the dollar didn't soar on Thursday, as the GDP report revealed that consumer spending slowed to 1.8% from 2.5% in the second quarter, and fixed investment spending also declined from the previous quarter, pointing to slackening domestic demand.  more...
Calif. judge reduces damages for PHH Corp.
31 Oct 2014 16:33 Cherry Hill Courier Post
A California judge has sharply reduced the damages awarded by a jury in a case involving a complaint against a Mount Laurel mortgage firm.  more...
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