Search Results for: euro
Russia Bans All Food Imports From U.S., EU, Australia, Canada, Norway
August 8th, 2014
Russia banned most food imports from the West on Thursday in retaliation for sanctions over Ukraine, an unexpectedly sweeping move that will cost farmers in North America, Europe and Australia billions of dollars but will also likely lead to ...
Japan stocks sink 3% on global tensions
August 8th, 2014
U.S. stock futures were seeing red on Friday as stocks in Japan traded sharply lower. Jitters over the crises in Iraq and Ukraine appeared to be denting investor sentiment. Japan’s Nikkei 225 index led Asian declines, sliding almost 3% ...
Asian shares skid as Obama confirms air strikes on Iraq
August 8th, 2014
Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after U.S. President Obama said he had authorized air strikes in ...
Pound About 0.2 Percent From Eight-Week Low as BOE Holds Rates
August 8th, 2014
The pound was about 0.2 percent from its weakest level in eight weeks versus the dollar after Bank of England officials maintained their key interest rate at a record-low 0.5 percent following a two-day meeting. U.K. 10-year government bond ...
Oil Falls After Strong Global Supplies
August 7th, 2014
Brent crude traded near its lowest closing level in nine months on speculation that supplies remain sufficient to meet demand. West Texas Intermediate was near a six-month low. Futures were little changed in London. In Iraq, Kurdish exports remain ...
DAX drops on a weak German Data and Russian sanctions
August 7th, 2014
Germany’s benchmark stock index entered correction territory on Wednesday, hitting a low of 9030.72 points—10.15 percent down from a high point on June 20. Strategists blamed the worsening situation in Ukraine, and weak data out of Germany. The DAX ...
KPMG retains £12m Old Mutual audit contract
August 7th, 2014
KPMG has retained its audit work with Old Mutual, after the insurance and asset management business took its £12m contract to market. The FTSE 100 life insurer confirmed it had accepted the audit committee’s recommendation that KPMG continue in ...
Bank of England keeps rates unchanged
August 7th, 2014
The Bank of England has opted to keep its main interest rate on hold at a record low 0.5 percent despite the ongoing strength of the U.K. economy. The decision was expected. However, there is a growing view that ...
Commodities markets summary
August 7th, 2014
A summary of trading in key commodities markets: ENERGY Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a surprising drop in US gasoline supplies. US benchmark West Texas ...
Technical Analysis EUR/USD is a step away from 1.33
August 7th, 2014
Technical Analysis EUR/USD for August 07, 2014 Pair’s Outlook Initially EUR/USD dipped down to 1.3333, but afterwards managed to climb back to the weekly S1. Still, the selling pressure is likely to persist at least until the currency pair ...
