Search Results for: EY
Australia accused of breaking law after returning asylum seekers to Sri Lanka
July 8th, 2014
Australia has been accused of breaking international law and violating the refugee convention after returning a group of 41 Sri Lankan asylum seekers who attempted to reach the country by boat directly into the hands of the Sri Lankan ...
Asian Stocks Lower After U.S. Lead
July 8th, 2014
Asian stock markets drifted lower Tuesday after U.S. indexes pulled back from record highs and investors awaited fresh data from China. Japan’s Nikkei 225 index tracked Wall Street’s declines, slipping 0.2 percent to 15,351.25 despite fresh data showing the ...
FX Volatility Remains Low, says Deutsche Bank
July 8th, 2014
Volatility in the foreign-exchange market will stay near quarter-century lows this summer before a potential late-year “shock,” according to Deutsche Bank AG’s Alan Ruskin. “The market is extremely complacent and we will get some sort of shock, probably in ...
Yen Holds Biggest Gain in a Week on Stock Drop
July 8th, 2014
The yen remained higher after a gain yesterday that was the biggest in a week, as U.S. stock futures point to declines in the Standard & Poor’s 500 Index and after Japan reported a bigger-than-expected current-account surplus. The currency ...
Corn Holds at $4.03 after Record Crop
July 8th, 2014
Corn traded near the lowest level in almost four years as an outlook for a record harvest in the U.S., the biggest producer, spurred a bear market slump. Wheat rallied after the biggest drop in 15 months. Corn for ...
Dollar Falls Most in a Week Versus Yen after Fed Rate report
July 8th, 2014
The dollar fell the most in more than a week against the yen as investors gauge the timing of Federal Reserve interest-rate increases after reports showing a strengthening jobs market. The Bloomberg Dollar Spot Index rose earlier after Goldman ...
Australia, Japan sign defense and trade deals
July 8th, 2014
On Tuesday, Japan’s prime minister Shinzo Abe met with his Australian counterpart to sign agreements aiming to boost defense and trade ties between the countries. The defense deal, which involves the transfer of military equipment and technology, comes a ...
Gold Below $1320 as Speculation Shifts to U.S. Rates
July 8th, 2014
Gold fell on Monday as the dollar firmed on speculation over an earlier-than-expected hike in U.S. interest rates following strong job data, which dented investment demand for the metal. Gold has been under pressure since data on Thursday showed ...
Central Banks Testing Limits of Monetary Policy
July 8th, 2014
The world’s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action. From Washington to London ...
Technical Analysis Gold – Indecision Resurfaces Under $1320
July 8th, 2014
Technical Analysis Gold for Tuesday, July 8, 2014 After pushing higher to a three month high above $1330 last week, gold has now just eased a little lower back to below $1320 and is showing more signs of indecision again ...
