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  • 2015-07-30 16:20


    correction of ETFGI firm name

    NEW YORK (MNI) - End-of-June data on global investor flows showed increased demand for hedge fund and exchange-traded instruments in the first half of 2015 as well as expectations for heightened interest also in the second half of the year.

    In terms of investor strategy in H2, "Global Macro" was the most popular, with allocations to the U.S. and eurozone favored.

    "Total global hedge fund industry capital rose to the 11th consecutive quarterly record level in 2Q15," according to the latest HFR Global Hedge Fund Industry Report, released earlier in July by HFR, the established global leader in indexation, analysis and research of the global hedge fund industry.

  • 2015-07-30 14:32


    --Senate Approves Extension Until Oct. 29 on 91 to 4 Vote
    --Senate Passed Longer-Term Bill Earlier Thursday

    WASHINGTON (MNI) - The Senate Thursday approved legislation that replenishes the Highway Trust Fund until October 29, sending the measure to President Barack Obama for his signature.

    The Senate approved the bill on a 91-to-4 vote. The House approved the identical bill Wednesday on a 385-to-34 vote.

    The Highway Trust Fund runs dry at the end of the week so the legislation is needed to keep highway programs funded.

  • 2015-07-30 14:20


    --$200 Mln Daily Effective July 31 to Sept 30

    WASHINGTON (MNI) - Mexico's Foreign Exchange Commission announced that as of Friday it is increasing the daily dollar auction amount, with no minimum price, to $200 million from $52 million previously, amid concerns international financial market volatility will continue.

    The new amount will be in effect through Sept.

  • 2015-07-30 13:14


    By Vicki Schmelzer

    NEW YORK (MNI) - End-of-June data on global investor flows showed increased demand for hedge fund and exchange-traded instruments in the first half of 2015 as well as expectations for heightened interest also in the second half of the year.

    In terms of investor strategy in H2, "Global Macro" was the most popular, with allocations to the U.S. and eurozone favored.

    "Total global hedge fund industry capital rose to the 11th consecutive quarterly record level in 2Q15," according to the latest HFR Global Hedge Fund Industry Report, released earlier in July by HFR, the established global leader in indexation, analysis and research of the global hedge fund industry.

  • 2015-07-30 12:51


    --Senate Also Will Pass 3-Month Highway Bill to Keep Programs Funded

    WASHINGTON (MNI) - The Senate Thursday approved a surface transportation bill that authorizes highway and mass transit programs for six years while funding them for three years, which also includes reauthorization of the Export-Import Bank.

    The Senate passed the bill on a 65 to 34 vote, sending it to the House which will take up a long-term highway bill in the fall.

    The Senate also will vote later in the day on a short-term bill that replenishes the Highway Trust Fund until October 29.

  • 2015-07-30 10:49


    --Senate Also Will Pass 3-Month Highway Bill to Keep Programs Funded

    WASHINGTON (MNI) - Senate Majority Leader Mitch McConnell said the Senate Thursday will pass a "bipartisan, multi-year highway bill," and also will vote on a three-month extension to keep the programs running.

    In remarks on the Senate floor, McConnell touted the Senate's surface transportation bill that authorizes highway and mass transit programs for six years while funding them for three years.

    McConnell worked closely with California Democrat Barbara Boxer and others to assemble a highway bill that includes $47 billion in revenue raising offsets to fund transportation programs for three years.

    The Senate bill includes the renewal of the Export-Import Bank.

  • 2015-07-30 10:30


    --Compensation Experts Say Labor Market Isn't As Tight As Jobs Data Suggest
    --One Survey Says Wages At Private Companies Declined In Second Quarter

    PHILADELPHIA (MNI) - U.S.

  • 2015-07-30 10:06


    WASHINGTON (MNI) - The following is the text of a statement by Jason Furman, chair of the White House Council of Economic Advisers, reacting to Wednesday's release of the advance estimate of GDP for the second quarter:

    Real GDP rose faster in the second quarter than in the first, even after a large upward revision to first-quarter growth. Strong personal consumption led the rebound as consumers spent more of the windfall gains from lower oil prices that they had saved in the first quarter, and many of the temporary factors that restrained growth in the first quarter faded.

  • 2015-07-30 08:30


    --Finished First Phase Of Three Phases Looking At Seasonality
    --GDP Growth Rate Unrevised +2.4% In 2014, Revised Down In 2012, 2013
    --4Q14 GDP Revised Down To +2.1% From Previous +2.2%
    --2011-2014 GDP Revised Down To +2.0% From +2.3%

    WASHINGTON (MNI) - Armed with updated source data and changes to methodology, the U.S.

  • 2015-07-30 07:16


    Repeats Story Initially Transmitted at 21:39 GMT Jul 29/17:39 EST Jul 29

    --House Approves 3-Month Extension On 385-To-34 Vote
    --Senate Expected To Pass Short-Term Bill Thursday
    --GOP Leaders Say Hill Will Craft Long-Term Bill in Sept

    WASHINGTON (MNI) - The House Wednesday evening approved legislation that replenishes the Highway Trust Fund for three months.

    The House passed the bill on a 385-to-34 vote, sending it to the Senate which is expected to vote on the measure Thursday.

    The Highway Trust Fund runs dry at the end of the week so legislation is needed to keep highway programs funded.

    Several weeks ago, the House passed legislation that would replenish the Highway Trust Fund for only five months, until Dec.