Archives
Technical Analysis AUD/USD – Consolidates Below 0.9400
July 30th, 2014
Technical Analysis AUD/USD for Wednesday, July 30, 2014 The Australian dollar has spent the last few days easing back below both the 0.9425 and 0.9400 levels with the former providing some resistance, which has now resulted in some consolidation ...
Australia 200 – Taking Advantage of Support at 5550
July 30th, 2014
Australia 200 for Wednesday, July 30, 2014 The Australia 200 Index will be looking to see if it can maintain the break above 5550 after reaching a six year high in the middle of last week and a new ...
Gold Drops to $1300 as Stocks Advance
July 30th, 2014
Gold futures declined as U.S. and European equities advanced, curbing demand for the precious metal as an alternative asset. Stocks climbed on optimism over corporate earnings. U.S. consumer confidence soared in July to the highest in almost seven years ...
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
West TX Oil drops Before Stockpile Data
July 30th, 2014
West Texas Intermediate crude traded near the lowest price in two weeks before government data that may signal the strength of fuel consumption in the U.S., the world’s biggest oil user. Brent fell in London. Futures were little changed ...
Prosecutors, defense spar over $150 billion forfeiture for Madoff aides
July 30th, 2014
Four months after five former Bernard Madoff aides were convicted of helping conceal his massive Ponzi scheme, their lawyers and U.S. prosecutors are still fighting over the trial’s key question: What did they know, and when did they know ...
Earnings lift Wall Street slightly at open
July 29th, 2014
U.S. stocks rose slightly at the open on Tuesday following better-than-expected results from companies such as Pfizer and Merck and ahead of data on consumer sentiment. The Dow Jones industrial average rose 24.25 points or 0.14 percent, to 17,006.84, ...
Flipkart Indian e-commerce, raises $1 Billion
July 29th, 2014
India’s largest e-commerce firm, Flipkart, has confirmed that it managed to raise $1 billion in its latest round of fund-raising, thus becoming by far the largest venture investment ever received by an Indian Internet company. Globally, the amount raised would ...
Apple updates MacBook Pro laptops and lowers price for older ones
July 29th, 2014
Apple Inc (AAPL.O) announced the updated MacBook Pro line of laptops with a high-resolution Retina display, faster processors and higher memory for a starting price of $1,299. The world’s largest technology company also lowered the price of its older ...
UBS, Deutsche Bank questioned by U.S. regulators on trading operations
July 29th, 2014
Germany’s Deutsche Bank (DBKGn.DE) and Switzerland’s UBS (UBSN.VX) were investigated by U.S. regulators, who are searching to find whether broker-run stock exchanges gave an unfair advantage to high-frequency traders. The investment banks, which said on Tuesday that they were ...
