World Week Ahead: Can the party continue?

Sun, 24 Aug 2014

By Margreet Dietz Aug. 25 (BusinessDesk) - Equities might hold on to the momentum regained last week from a slew of better-than-expected economic data, while US Federal Reserve Chair Janet Yellen pointed to the remaining slack in the US jobs market, suggesting she is not ready to raise interest rates yet. The US jobs market has improved. Job gains in 2014 have averaged 230,000 a month, up from the 190,000 a month pace during the preceding two years; the unemployment rate, at 6.2 percent in July, has declined nearly 4 percentage points f...

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