Search Results for: FED
SEC charges stock company of oil and gas production
August 18th, 2014
The Securities and Exchange Commission (SEC) has announced charges against a Houston-based penny stock company and four individuals behind a pump-and-dump scheme that misled investors to believe the company was on the brink of developing revolutionary technology to enable ...
Gold Under Pressure, Testing Support at $1300
August 18th, 2014
Gold is flat on Monday, continuing to show little activity as we start the new week. The spot price stands at $1302.67 per ounce in the European session. There is only one US release on Monday, NAHB Housing Market ...
Deepening Gloom in Australia Poses Challenge to RBA
August 18th, 2014
A deepening gloom across the largest developed economy to escape recession during the global financial crisis is shaping up as one of the toughest challenges yet for Reserve Bank of Australia chief Glenn Stevens. While policy makers from the ...
U.S. Investment Outflow Hits Record
August 18th, 2014
The U.S. posted a record cross-border investment outflow in June as China and Japan reduced their holdings of Treasuries and private investors abroad sold bonds and notes. “Right at the beginning of June, you had a very strong sell-off ...
Technical Analysis Gold – Steadies Around $1310
August 14th, 2014
Technical Analysis Gold for Thursday, August 14, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick however it has remained quite steady throughout this week hovering around the $1310 level. ...
US STOCKS-Biotechs lift Wall St Dow back in black for 2014
August 14th, 2014
U.S. stocks ended higher on Wednesday, with the Dow Jones industrial average returning to positive territory for the year, as surging biotech shares helped investors shrug off disappointing retail sales data. Although the weak retail sales pointed to some ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
Failure of Private Deal Over Argentine Debt by Hedge Fund Holdouts
August 14th, 2014
Aurelius Capital Management announced that efforts to reach a deal with private parties in the wake of Argentina’s debt had collapsed. The firm is one of the hedge funds that has battled with Argentina over billions of dollars 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 ...
Water deal could force another delay in Detroit bankruptcy trial
August 13th, 2014
A federal judge could once again push back the start date for the trial on Detroit’s exit from the largest municipal bankruptcy in U.S. history after some creditors said on Tuesday a possible settlement is snarling key components of ...
