Today's Top Stories - March 6, 2015  

 

BEWARE THE BELL! U.S. stock index futures signaled a slightly lower open on Friday ahead of February's employment report, which investors are expecting will show steady growth in nonfarm payrolls More

EUROPE: European equities were mixed in morning trade on Friday as investors looked ahead to the release of jobs data in the U.S. and reacted to a drop in metal prices More

ASIA: Asian shares largely rose on Friday, supported by a stronger close on Wall Street overnight, with Japanese and South Korean markets scaling fresh highs More

OIL: Brent crude oil rose to around $61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply to world markets More

GOLD: Gold dropped below $1,200 an ounce on Friday and was headed for a fifth weekly decline in six, as the dollar rose towards 11-year highs ahead of U.S. jobs data that could provide hints about the timing of a rate increase More

Winter biting best job growth in years February's employment report should show steady growth in nonfarm payrolls, but hiring was likely below recent trends and bad winter weather may have crimped some activity in construction, retail and restaurants More

Don't be too patient on rate hikes: Fed's Williams … The Fed should not wait too long to raise rates, a top U.S. central banker said, because doing so could mean "drastically" overshooting on inflation. More

Turkey's dangerous game risks financial chaos The Turkish government is playing a dangerous political game that risks hitting the country with a full-blown currency crisis and ratings downgrade, experts warn More

AmRest buys Starbucks operators in Romania and Bulgaria: Restaurant operator AmRest Holdings agreed to buy a 100% stake for EUR 16 million. More

China to reduce coal consumption for better air … China will slash coal consumption by 160 million tons in the next five years to reduce air pollution, according to an action plan released on Friday More


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