Archives
EU Expands Sanctions Against Russia Over Ukraine
April 15th, 2014
European Union foreign ministers agreed on Monday to expand sanctions against Russia over its actions in Ukraine by putting more people under asset freezes and visa bans, British Foreign Secretary William Hague said. “We have agreed among foreign ministers ...
Google Considers Change To Search Algorithm That Would Favor Website Encryption
April 15th, 2014
Google Inc. (NASDAQ:GOOG) is considering a change to its PageRank software, which would favor websites that use encryption to protect visitors’ personal information, meaning safer sites would appear higher in search results. While Google is reportedly still in the ...
Asia stocks mixed ahead of China growth report
April 15th, 2014
Asian stock markets were mixed Tuesday as jitters about China’s economy overshadowed a perk from strong U.S. data and earnings. Hong Kong’s Hang Seng was down 1.2 percent at 22,754.69 as a drop in China’s money supply unnerved investors ...
Nestle sales up despite slack prices in Europe
April 15th, 2014
Food company Nestle SA says sales rose 4.2 percent in the first quarter despite deflationary price pressures in Europe. The Switzerland-based maker of Lean Cuisine, Nespresso and Haagen-Dazs said Tuesday that sales of 20.8 billion Swiss francs were held ...
USD/CHF rises to monthly pivot point
April 15th, 2014
Pair’s Outlook Despite the bearish outlook implied by the weekly and monthly technical studies, USD/CHF turned around ahead of the monthly S1 and it is now challenging the monthly PP. In case this resistance fails to contain the pair, ...
USD/JPY confirms support at 101.29/19
April 15th, 2014
Pair’s Outlook The support area around the level of 101.29/19 proved to be of great significance to the market, as it has once again prevented further depreciation of the U.S. Dollar. Now, after a small rebound, USD/JPY faces a ...
GBP/USD may re-test Feb high
April 15th, 2014
Pair’s Outlook Though the Cable has just encountered the Feb high, the sell-off from this level turned out to be short-lived. Accordingly, if the weekly PP at 1.6704 stays intact today, there will be an elevated chance of a ...
EUR/USD probes monthly PP
April 15th, 2014
Pair’s Outlook EUR/USD did not manage to close a downside gap yesterday, instead at the moment it gravitates towards the monthly pivot point at 1.3815. Additional support is at 1.3789/83, created by the 20 and 55-day SMA. But the ...
ASIC bans convicted former adviser from credit industry
April 15th, 2014
The Australian Securities and Investments Commission (ASIC), has permanently banned Mr Pavan Vyas from engaging in credit activities after he was convicted for dishonest conduct. Mr Vyas submitted 15 false insurance applications between June 2012 and March 2013 to ...
ASIC charges former CEO of IT companies
April 15th, 2014
The Australian Securities and Investments Commissions (ASIC), has issued an announcement that Mr Peter Mavridis, of Bentleigh, Victoria, has appeared before the Melbourne Magistrates Court after an ASIC investigation led to him being charged with 24 charges of obtaining ...
