Search Results for: dollar
Apple’s drop below $100 costs investors $26.1 billion
September 4th, 2014
Following news of the latest security attack of Apple’s iCloud service over the weekend and news of a smartphone partnership between Samsung and Facebook (FB), Apple’s AAPL shares were under major pressure. Shares of Apple Wednesday fell $4.36, or ...
OSB Daily Technical Analysis – Currency pairs
September 4th, 2014
OSB Daily Technical Analysis for September 4, 2014 EUR/USD found support close to the 1.3120 area following the hammer candle of the previous day which suggested a short term bottom and reversal from recent lows. This up-swing is likely ...
Russian stocks rise following ceasefire announcement
September 3rd, 2014
Russian stocks have risen to their highest level in three months following the announcement of a ceasefire agreement with Ukraine. The main Micex index gained 2.6%, while Russian gas giant Gazprom saw its highest jump since June, rising 3.3%. ...
Brent Oil Drops to $100 on Demand Woes
September 3rd, 2014
Brent crude fell to its lowest level in 15 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pressured U.S. oil prices. Oil prices on ...
Gold Drops to $1265 on Stronger Currency
September 3rd, 2014
Gold settled at its lowest level since mid-July on Tuesday, breaking through key support at August lows as the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week. In the 10 ...
U.S. SEC charges Houston adviser with not disclosing fund payments
September 3rd, 2014
A Houston-based investment advisory firm steered clients to certain mutual funds without disclosing that it was receiving payments from the broker who offered those funds, the U.S. Securities and Exchange Commission alleged in a civil fraud complaint on Tuesday. ...
Australia 200 – Surges to New Multi Year High Above 5650
September 3rd, 2014
Australia 200 for Wednesday, September 3, 2014 After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660. ...
U.S. Stock Futures Are Little Changed Before Output Data
September 2nd, 2014
U.S. stock-index futures were little changed, after the Standard & Poor’s 500 Index recorded its biggest monthly gain since February, before data that may show manufacturing in the world’s biggest economy continued to expand in August. Apple Inc. and ...
Asian stocks dip, euro stuck near one-year lows
September 2nd, 2014
Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Spreadbetters expected an effectively flat open ...
RBA maintains run of record low rates
September 2nd, 2014
The Reserve Bank of Australia has kept official interest rates on hold at record lows as investors await the official update of Australia’s economic growth rate and remarks from RBA governor Glenn Stevens at lunchtime tomorrow. For the 13th ...
