World Week Ahead: Apple Watch, US retail sales

Sun, 08 Mar 2015

By Margreet Dietz March 9 (BusinessDesk) - Apple’s new watch, a report on US retail sales, and the European Central Bank’s new quantitative easing programme will take centre stage this week. On Friday, a much better-than-expected US payrolls report fuelled expectations the US Federal Reserve will raise interest rates as early as June. Employers added 295,000 jobs in February, while the unemployment rate dropped to 5.5 percent, the lowest in almost seven years and within the range of what the Fed considers full employment. To be sure,...

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