Search Results for: federal Reserve
Geopolitical risk is back up, Dow back down
August 6th, 2014
Just when the market was trying to find its footing, geopolitics rocked the Dow again. This time it was renewed fears that Russia might invade Ukraine. Whether the fears are simply rumor or innuendo, or real fears taken from ...
Technical Analysis AUD/USD – Aussie Stable as Retail Sales Improves
August 4th, 2014
AUD/USD remains calm as we start the new trading week. On Monday, the pair is trading in the low-0.93 range. On the release front, Australian Retail Sales rebounded last month and posted a 0.6% gain. However, ANZ Job Advertisements ...
Gold Above One-Month Low as U.S. Economy Assessed With Rates
August 4th, 2014
Gold traded above a one-month low after three weeks of losses as investors weighed the health of the U.S. economy against the outlook for higher borrowing costs. Silver climbed from the lowest level in six weeks. Gold for immediate ...
Pound Has Longest Losing Streak in 16 Months as Data Disappoints
August 4th, 2014
The pound declined for a fourth week against the dollar, the longest losing streak in more than a year, as U.K. economic data from manufacturing output to consumer confidence was weaker than economists predicted. Sterling dropped to the lowest ...
Euro Near Eight-Month Low as Short Bets Surge
August 4th, 2014
The euro was 0.4 percent from its lowest level versus the dollar since November as investors held the largest position in two years betting on a drop in the currency before the region’s central bank meets this week. Europe’s ...
Asian shares pressured by Wall Street, geopolitical tensions
August 4th, 2014
Fears of further declines on Wall Street pressured Asian shares on Monday, as concerns over geopolitical tensions and Argentina’s debt default eclipsed U.S. data that argued against an earlier start to the Federal Reserve’s rate-tightening cycle. Japan’s Nikkei average ...
CFPB rules U.S. banks on $30 Billion in excess fees
August 1st, 2014
The $30 billion banks collect in overdraft fees each year may shrink as the U.S. Consumer Financial Protection Bureau imposes rules aimed at shielding customers from harm. The agency, which issued a study on the fees yesterday, is also ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
Asia stocks sideswiped by Wall St, but China motors on
August 1st, 2014
Asian shares were mostly under water on Friday after a sudden slump on Wall Street spilled over globally, though a surprisingly strong pick up in manufacturing helped Chinese markets hold at seven-month highs. In a promising omen for world ...
Dollar heads for third weekly gain on economic outlook
August 1st, 2014
The dollar headed for a third weekly gain versus the euro, the longest stretch in two months, as signs of a sustained U.S. recovery boost speculation the Federal Reserve is moving toward raising interest rates. The Bloomberg Dollar Spot ...
