Fonterra cuts forecast milk price to NZ$4.50/kg

FXStreet (Bali) - Fonterra has cut its forecast milk price to NZ$4.50/kg, with its dividend kept in range at 20 to 30 NZ cents per share, also noting that they sees oversupply in the market.

Apr 29, 2015

September a more likely time for the first rate hike by the Fed - Barclays

According to Barclays, cited via eFXNews, September is a more likely time for the first rate hike by the Fed.

Greece's rating cut to Caa2 from Caa1 by Moody's

Greece's rating has been cut to Caa2 from Caa1 by Moody's rating agency, with outlook negative.