ANZ Bank's ROE `Very Promising' for Investors

Oct. 29 (Bloomberg) -- Evan Lucas, Melbourne-based market strategist at IG Ltd., talks about Australia & New Zealand Banking Group Ltd. and National Australia Bank Ltd. ANZ posted a 13 percent rise in second-half cash profit on higher lending and lower costs, sending its shares to an all-time high. Lucas speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)
VIX Fixed on Fed Rate Hike Others Are Downplaying
17:19 - Michael Purves, chief global strategist at Weeden & Co., discusses the reliability of the VIX Index as a market indicator and why the VIX is anticipating a Federal Reserve rate hike later this month. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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