Search Results for: Asia
Technical Analysis AUD/USD – Rallies Back Above Key 0.93 Level
August 14th, 2014
Technical Analysis AUD/USD for Thursday, August 14, 2014 The Australian dollar is trading in a very small trading range right on top of the key level at 0.9300 after pushing up well over the last day or so. In ...
Gold Remains Rangebound
August 13th, 2014
Gold is listless on Wednesday, continuing a week with little movement. The spot price stands at $1308.60 per ounce in the European session. On the release front, attention shifts to US retail sales data, with the release later today ...
Goldman Sachs a final bidder for $1.6 billion Tokyo building
August 13th, 2014
A Goldman Sachs Group Inc unit is a final bidder for a Tokyo office tower in a deal that could fetch about 165 billion yen ($1.6 billion), said people familiar with the deal, which could be the biggest office ...
Gold Remains Close to $1310 as Geopolitical Concerns Weigh
August 13th, 2014
Gold ended modestly higher on Tuesday, supported after two days of declines by signs that the stand-off between Russia and Ukraine was hurting economic confidence in the euro zone economy. Analyst and investor morale in Germany, Europe’s largest economy, ...
Iran sidesteps oil sanctions
August 13th, 2014
Iran is looking to export increasing amounts of oil to China and Asian markets by finding a way to sidestep Western sanctions. This will expand the value of its trade by potentially billions of dollars a year. In doing ...
Modi at the helm, and the rupee falls
August 12th, 2014
The Indian rupee has plunged almost 5% against the greenback since pro-business Prime Minister Narendra Modi swept to power in May – so what’s behind the currency’s fall and where is it headed next? Foreign exchange strategists point to ...
Royal Bank of Scotland to offload global Coutts arm
August 12th, 2014
Royal Bank of Scotland said it planned to sell the international operations of Coutts, its private bank for wealthy clients including Queen Elizabeth II and David Beckham, just months before the unit is expected to be fined for helping ...
Singapore GDP Unexpectedly Expands as Outlook Improves
August 12th, 2014
Singapore’s economy unexpectedly expanded last quarter as manufacturing declined less than initially estimated amid recoveries in advanced countries. Gross domestic product rose an annualized 0.1% in the three months through June from the previous quarter, when it climbed a ...
Bank sued Ex-Deutsche head for $6.3m
August 12th, 2014
Former China head of Deutsche Bank, Lee Zhang, was sued in Hong Kong by the firm over the 2001 transfer of $3.99m to the account of a firm with a bank in Shenzhen. Bloomberg News reports that the bank ...
Technical Analysis Gold – Eyes Down on Key $1290 Level
August 12th, 2014
Technical Analysis Gold for Tuesday, August 12, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick which has been followed through a little to start this week as it has ...
