Search Results for: New Zealand
Europe Index Futures Tumble With Asian Stocks; Kiwi Drops
August 6th, 2014
European index futures (SPA) dropped with the euro and stocks in Asia amid escalating tensions over Ukraine and concern that stronger U.S. growth will lead to sooner-than-projected interest-rate increases. New Zealand’s dollar and emerging-market currencies weakened. Futures on the ...
China’s Fosun unveils $441 million cash bid for Australian ROC Oil
August 4th, 2014
The proposed “merger of equals” between Australian exploration and production companies ROC Oil and Horizon Oil has been scotched by China’s Fosun International, which has emerged with a A$474 million ($441 million) takeover offer for ROC. ROC said Monday ...
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 ...
Technical Analysis AUD/USD – Drops to Seven Week Low Near 0.9300
July 31st, 2014
Technical Analysis AUD/USD for Thursday, July 31, 2014 The Australian dollar is presently trying to rally and stay above the support level at 0.9300 after its sharp fall in recent hours which saw it move from near 0.9400 down ...
FMA and SFO sign MOU to improve agency cooperation
July 30th, 2014
The Financial Markets Authority, has announced a cooperation with the Serious Fraud Office iby signing a Memorandum of Understanding. In this way, both regulators continue their efficient action against unauthorised firms. Police Minister Anne Tolley and Commerce Minister Craig ...
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
Aussie Parity With Kiwi Seen as Rates Diverge
July 29th, 2014
Australia’s dollar is set to weaken to parity with its New Zealand peer for the first time, HSBC Holdings Plc predicts, as contrasting economic fortunes force a widening of the gap in interest rates. The top panel of the ...
EUR/USD Below 1.3430 as traders earn from bullish turn
July 28th, 2014
The dollar was about 0.1 percent from the strongest level in eight months against the euro as investors raised bets it would climb versus the single currency to the most since November 2012. The U.S. currency maintained its biggest ...
Wal-Mart U.S. CEO Bill Simon steps down
July 24th, 2014
Wal-Mart said Thursday that Greg Foran will replace Bill Simon as its U.S. CEO. Simon has been in the role since June 2010 and will leave the company. Wal-mart’s stock was down just under 1% to $76.30 in pre-market ...
Technical Analysis NZD/USD unable to breach 0.87 level
July 23rd, 2014
Pair’s Outlook The New Zealand Dollar is still unable neither to breach the 0.87 mark nor the monthly PP/55 and 100-day SMAs at 0.8654/42. We are pessimistic on the pair’s advance, at least for now we do not see ...
