Archives
E.C.B. Says It Has Been Hacked in Apparent Blackmail Attempt
July 24th, 2014
The European Central Bank said on Thursday that hackers had broken into an internal database and stolen information about journalists and others, in what appeared to be part of a blackmail scheme. The central bank said that the information ...
Eurozone Growth Rebounds in July
July 24th, 2014
The eurozone economy continues its slow recovery, but worries about the Ukraine crisis have begun to cloud the outlook, according to the results of a private-sector survey released on Thursday. After slowing in June, eurozone economic growth rebounded in ...
Law suits launched against law firms across US over mortgage advice
July 24th, 2014
Federal agencies and 15 states have initiated 41 law suits against law firms and lawyers concerning alleged scams over the provision of legal help to struggling homeowners. Suits have been brought, for instance, against Florida law firms Hoffman Law ...
Stock futures mixed Thursday
July 24th, 2014
Stock futures were mixed Thursday ahead of the opening bell. Here is where major market indexes stood before the start of regular trading (Last updated 4:10 a.m.) Dow: – 0.13% S&P 500: – 0.11% Nasdaq: +0.02% Asian markets were ...
USD/JPY about to hit 101.83/73
July 24th, 2014
Pair’s Outlook Slowly but surely the U.S. Dollar is outperforming the Yen, as it has received a bullish impetus after a test of 101. However, taking into account the number and toughness of resistances that USD/JPY has yet to ...
USD/CHF looks towards 2014 high
July 24th, 2014
Pair’s Outlook Since USD/CHF closed above 0.90, it is already unlikely that the price is going to re-test the 2014 lows at 0.87. There are also other bullish signs, such as the 55-day SMA being above the 200-period moving ...
GBP/USD erodes 1.7042/19
July 24th, 2014
Pair’s Outlook Apparently, GBP/USD is not willing to use the opportunity to rebound from the 2009 high. If the price falls beneath 1.7042/19, the dip will most likely extend down to 1.6973/50 (monthly PP and 55-day SMA). There will ...
Hyundai Motor second-quarter profit slips as firmer won, U.S. discounts hurt
July 24th, 2014
South Korea’s Hyundai Motor said its net profit fell by the most in five quarters, as the local currency’s sharp gain and higher U.S. discounts to entice customers overshadowed solid April-June vehicle sales in China and at home. Hyundai ...
Saudi market opening for direct access a boost to MENA
July 24th, 2014
Following a cabinet approval, the largest equity market in the MENA region, the Kingdom of Saudi Arabia, should soon become open for direct foreign investments. The move would finally come to pass once the Capital Market Authority (CMA) formalises ...
China Shares Roll after PMI Data
July 24th, 2014
Chinese stocks rose, sending the benchmark index to a three-month high, as a jump in the nation’s manufacturing gauge spurred optimism the government will meet its economic-growth target for this year. Industrial Bank Co. (601166) and Poly Real Estate ...
