Search Results for: Federal Reserve
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
Asian Stocks Fall as BHP Billiton Drags Index Lower
August 20th, 2014
Asian stocks fell after valuations reached the highest level this year and as BHP Billiton Ltd. (BHP) slumped, dragging materials shares to the largest decline on the regional gauge. BHP, the world’s largest miner, tumbled 3.9 percent in Sydney ...
Singapore Dollar’s Losses to Ringgit Seen Widening: Asean Credit
August 19th, 2014
The diverging economic fortunes of two Southeast Asian neighbors are prompting PineBridge Investments to favor Malaysia’s ringgit over Singapore’s dollar. The ringgit has gained 4% to 2.53 per Singapore dollar since reaching a 16-year low of 2.63 in February, ...
Corporate Asia May Struggle with Rate Rise
August 19th, 2014
Corporate Asia has taken advantage of ultra-low interest rates over the past few years, loading up on debt, but with rates set to rise, there may be risks ahead. “With the U.S. Federal Reserve expected to begin normalization of ...
Australia 200 – Threatening to Break Higher Again
August 19th, 2014
Australia 200 for Tuesday, August 19, 2014 The Australian 200 Index has enjoyed a solid move higher over the last week bouncing off the support level at 5400 up to a two week high above 5550. In its typical ...
Gold Under Pressure, Testing Support at $1300
August 18th, 2014
Gold is flat on Monday, continuing to show little activity as we start the new week. The spot price stands at $1302.67 per ounce in the European session. There is only one US release on Monday, NAHB Housing Market ...
Deepening Gloom in Australia Poses Challenge to RBA
August 18th, 2014
A deepening gloom across the largest developed economy to escape recession during the global financial crisis is shaping up as one of the toughest challenges yet for Reserve Bank of Australia chief Glenn Stevens. While policy makers from the ...
U.S. Investment Outflow Hits Record
August 18th, 2014
The U.S. posted a record cross-border investment outflow in June as China and Japan reduced their holdings of Treasuries and private investors abroad sold bonds and notes. “Right at the beginning of June, you had a very strong sell-off ...
Technical Analysis Gold – Steadies Around $1310
August 14th, 2014
Technical Analysis Gold for Thursday, August 14, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick however it has remained quite steady throughout this week hovering around the $1310 level. ...
US STOCKS-Biotechs lift Wall St Dow back in black for 2014
August 14th, 2014
U.S. stocks ended higher on Wednesday, with the Dow Jones industrial average returning to positive territory for the year, as surging biotech shares helped investors shrug off disappointing retail sales data. Although the weak retail sales pointed to some ...
