Search Results for: stocks
West TX Oil Holds at $94.50 on a Neutral Inventory Report
August 28th, 2014
Brent crude dipped on Thursday, but still held between $102 and $103 a barrel, as expectations of ample supply weighed on prices. Global oil supply is expected to exceed demand this year, cooling prices. Oil futures on both sides ...
Gold Up Again to $1285 on Softer U.S. Dollar
August 28th, 2014
Gold rose for the third straight day on Thursday on softening dollar and increased tensions between Ukraine and Russia, but the precious metal was under pressure from rallies in equities and the prospect of a U.S. interest rate hike. ...
CFD COMMODITIES – Weak USD and Inventories Boost Oil
August 28th, 2014
Commodities overview Crude rose after US gas inventories shrank by 960,000 barrels Sugar Lobby in US wins higher import duty as global supply pushes prices down Gold supported by geopolitical risk and USD weakness The Energy Information Administration ...
ECB speculation drives down yields, weighs on euro
August 27th, 2014
Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation. ...
India Hedge Funds Are World’s Best Performer on ‘Modi, the Hero’
August 27th, 2014
Hedge funds investing in India have become the world’s best performers this year on expectations that Prime Minister Narendra Modi will revive Asia’s third-largest economy. India-focused hedge funds, with a sixth of the $16.5 billion in assets of those ...
SEC Announces Pilot Plan to Assess Stock Market Tick Size Impact for Smaller Companies
August 27th, 2014
The Securities and Exchange Commission (SEC) today announced that the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) filed a proposal to establish a national market system plan to implement a targeted 12-month pilot program that will ...
Burger King signs deal to buy Canada’s Tim Hortons
August 26th, 2014
Burger King Worldwide Inc (BKW.N) agreed to buy Canadian coffee and doughnut chain Tim Hortons Inc (THI.N) (THI.TO) in cash and stock to create the third-largest quick service restaurant group with sales of about $23 billion. Tim Hortons shareholders ...
India regulator fines carmakers $420 million for anti-competitive practices
August 26th, 2014
India’s pricing regulator has fined more than a dozen global and local carmakers a total of 25.5 billion rupees ($420 million) after a probe found they had engaged in anti-competitive practices in the world’s sixth largest auto market. The ...
Supreme Court’s coal block ruling may cause further economic impact
August 26th, 2014
A mass cancellation of coal blocks awarded since 1993 could cost India up to $3 billion in additional imports and hurt financial firms that have lent to the sector, broking firms said on Tuesday. Apex court ruled on Monday ...
Asian shares firm, euro struggles on ECB easing hopes
August 26th, 2014
The euro hit its lowest level in nearly a year against the dollar and euro zone government bond yields fell on Tuesday on growing expectations the European Central Bank could ease monetary policy as soon as next week. The ...
