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Market News for 6 June 2015
Google Pay Won't Collect Credit-Card Fees
Wall Street Journal - 6 Jun 2015 01:45
Google won't earn any transaction fees from credit-card issuers for its coming Android Pay mobile-phone payments service, unlike Apple, because of evolving ground rules for the services.
Gold slumps below Rs 27,000 as demand falters
livemint.com - 6 Jun 2015 12:43
Gold of 99.9% and 99.5% purity slid Rs50 each to Rs26,950 and Rs26,800 per 10 grams, respectively
Analysis: Fed on Track for Rate Rise
Wall Street Journal - 6 Jun 2015 01:26
The strong May jobs report likely keeps the Federal Reserve on track to start raising rates later this year, with many investors expecting a September increase.
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