Search Results for: Gold price

Markets mixed as oil slide continues

January 14th, 2015 (0)
World markets were mixed on Tuesday as oil continued falling. US stock market started the trading session with a rally but the early gains were reversed by midday and the market ended the session slightly lower, recording triple-digit swings ...

Russian Assets Nearing Buying Range, Investment Adviser Says

January 14th, 2015 (0)
Russian assets are approaching levels where they would be attractive to buy, investment adviser Marc Faber — writer of the Gloom, Boom & Doom Report — said Tuesday. Western sanctions imposed over Moscow’s role in the Ukraine crisis and ...

Russia faces wave of bankruptcies if interest rates don’t fall

January 13th, 2015 (0)
The pressure is building on Vladimir Putin: Russia will be hit by a wave of bankruptcies unless it cuts interest rates very soon, a top financial official warned Monday. Anatoly Aksakov, president of Russia’s regional banking association and deputy ...

Markets mixed as oil plunge resumes

January 13th, 2015 (0)
Markets were mixed on Monday as oil resumed its fall. US stocks fell for a second straight trading session as investor confidence was hit by further plunge in oil prices ahead of the start of the fourth-quarter earnings season. ...

Dollar Slips on Wages as Oil Drops; Chinese Stocks Drop

January 12th, 2015 (0)
The dollar fell for a second day after an unexpected drop in U.S. wages clouded the outlook for interest rates, and crude oil resumed declines. Billionaire Li Ka-shing’s Cheung Kong Holdings Ltd. surged in Hong Kong after a reorganization, while ...

Swiss National Bank expects annual profit of CHF 38 billion

January 9th, 2015 (0)
Large annual profit allows for supplementary distribution According to provisional calculations, the Swiss National Bank (SNB) will report a profit in the order of CHF 38 billion for the 2014 financial year. The profit on foreign currencypositions amounted to ...

Leading global brokerage company, BGC Partners Inc., extends all-cash tender offer to acquire GFI Group

January 8th, 2015 (0)
BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “the Company,” or “BGC”), a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has extended the deadline for its fully financed, all-cash tender offer ...

Markets decline as oil plunge continues

January 7th, 2015 (0)
Markets continued retreating on Tuesday as oil prices slumped. The sell-off of US stocks continued for the second consecutive day. The S&P 500 benchmark index fell for the fifth session in a row, with only two sectors – utilities and telecoms, ...

Markets retreat as oil plunges

January 7th, 2015 (0)
World stock markets tumbled on Monday on continued fall in oil prices and surging dollar. Sell-off of US equities dragged US stock indices down, with Dow Jones Industrial and the S&P 500 recording their worst losses since October. Investors ...

2015 investing tips for the rational investor

January 2nd, 2015 (0)
Is that time of the year when pundits put forth their market prognostications for the coming year, ballyhoo their favorite stocks and dazzle readers with can’t-miss strategies and trends. So here are a few words to the wise, some ...
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