Archives
Technical Analysis: Indices – Dec 03
December 3rd, 2014
Technical Analysis for December 03, 2014 SPX rejecting the lower movement to a trading range and moves higher to 2070. The next target over this break will be 2100 and a lower movement under 2040 will send SPX back ...
Technical Analysis: Commodities – Dec 03
December 3rd, 2014
Technical Analysis for December 03, 2014 XAU/USD retraced a bit movement lower from the huge reversal yesterday. Currently XAU/USD trading around 1200 level and keeps grinding lower. A lower movement under 1175 will target last low around 1145 level ...
Asian shares edge down, oil rises as crude inventories decline
December 3rd, 2014
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares ...
Dollar Rises to 7-Year High Versus Yen as Aussie Slides on GDP
December 3rd, 2014
The dollar strengthened to a seven-year high against the yen before U.S. data this week that economists say will back the case for higher interest rates as Japan and Europe ease policy. The greenback was 0.2 percent from its ...
Technical Analysis: Currency pairs – Dec 03
December 3rd, 2014
Technical Analysis for December 03, 2014 EUR/USD pushes the price for another low under 1.24. Next target will be 1.235 and if it breaks this level it will target 1.225 next. A push higher than 1.24 will bring back ...
Oil falls below $72 after sharp rally in volatile market
December 2nd, 2014
Brent oil fell below $72 a barrel on Tuesday, giving up some of its gains in the previous day’s rally from five-year lows, as traders voiced uncertainty over whether the market had reached a floor or would keep falling. ...
Apple in the Dock: $1 Billion Antitrust Claim Casts Steve Jobs as Conspirator
December 2nd, 2014
In 2005, Mariah Carey had the number one single, “Grey’s Anatomy” was among the hottest shows on television, and Steve Jobs, and Apple Inc.’s iPod, were king. Customers of rival music players marred this shiny prospect for Apple and ...
IASB publishes consultation on controlled pricing and accounting for investments
December 2nd, 2014
The International Accounting Standards Board (IASB) has published consultation papers on rate regulation and accounting for investments, and updated standards on consolidated financial statements. Rate regulation The IASB discussion paper, Reporting the Financial Effects of Rate Regulation, considers how ...
Crude, Copper and the S&P 500
December 2nd, 2014
Why the Fed Bubble Is Likely to Burst After more than five years of aggressive accommodation from the world’s central banks, there are many charts that suggest the tremendous run-up in the risk assets during this time period is likely to ...
Central Bank of Lithuania on Euro adoption
December 2nd, 2014
Already on the first day of 2015, when the euro will be adopted in Lithuania, the residents will be provided with the opportunities to exchange their currency: apart from the ATM network, it is projected that about 40 commercial ...
