World Week Ahead Accommodation tops agendas

Sun, 04 Aug 2013

By Margreet Dietz Aug 5 (BusinessDesk) – Fresh reassurances from central banks in the US and Europe that their policies will remain accommodative as long as needed to help revive economic growth continues to bolster Wall Street to record highs and that optimism seems here to stay. Sentiment is such that even mixed news is good news. Non-farm payrolls climbed a lower-than-expected 162,000 in July, though the unemployment rate fell to 7.4 percent, from 7.6 percent, its lowest since December 2008. The numbers showed that the recovery in t...

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