Search Results for: euro
Caution dominates Asia bourses ahead of ECB meeting
September 4th, 2014
Asian bourses retreated from multi-month highs in a mixed session as investors took a cautious stance ahead of a keenly anticipated monetary policy update from the European Central Bank. Coming off a seven-month high, Japan’s Nikkei 225 Average fell ...
Asian shares hit seven-year high on Ukraine, ECB hopes
September 4th, 2014
Asian shares steadied near seven-year highs on Thursday, underpinned by hopes of a ceasefire in Ukraine, although a cautious mood prevailed for now ahead of a European Central Bank meeting later in the session. Global shares had rallied on ...
West TX Oil Surges Back to $96 on Data
September 4th, 2014
Crude oil prices climbed by more than $2 a barrel on both sides of the Atlantic on Wednesday, as oil markets bounced off multi month lows hit in the previous session. Prospects for peace between Ukraine and Russia, as ...
Poroshenko Flummoxes Investors With About-Face on Truce
September 4th, 2014
Ukraine’s leader sent financial markets into turbulence as he backtracked on talk of an end to five months of violence in his nation’s east. President Petro Poroshenko announced yesterday that he’d hammered out a deal with Vladimir Putin to ...
The Exaggerated Death of Inflation
September 3rd, 2014
Is the era of high inflation gone forever? In a world of slow growth, high debt, and tremendous distributional pressures, whether inflation is dead or merely dormant is an important question. Yes, massive institutional improvements concerning central banks have ...
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 ...
Bank Seizure Leaves Bulgarians Stranded
September 3rd, 2014
What seemed at first to be a short-term banking crisis is looking more like a chronic condition. But the name of the affliction probably does not matter as much to companies and consumers as the money, about $4 billion ...
U.S. Dollar Gets Stronger
September 3rd, 2014
U.S. dollar bulls are enjoying their moment in the sun after a trying start to the year, and analysts told CNBC the good times could continue. The greenback strengthened to a seven month high against the yen in early ...
OSB Daily Technical Analysis – Currency pairs
September 3rd, 2014
OSB Daily Technical Analysis for September 3, 2014 EURUSD had a mixed day on Tuesday only to close at a similar level to the previous day, finding short term support around the 1.3130 area. The pair might be heading ...
