Search Results for: euro
Russia’s surprise interest rate rise ‘to curb inflation’
July 25th, 2014
Russia’s central bank has unexpectedly raised its key bank interest rate over concerns about inflation and “geopolitical tension”. The bank’s board decided to raise the interest rate by 50 basis points, or half a percent, to 8% per year. ...
Gold Steadies After Losses, Remains Under $1300
July 25th, 2014
Gold remains under the key level of $1300, as the spot price stands at $1293.13 per ounce late the European session. The metal has now slipped about 2% in the past week. On the release front, it’s a quiet ...
Vodafone revenue dragged lower by Spain and South Africa in first quarter
July 25th, 2014
Vodafone received no relief from tough market conditions in the first quarter, with a slowdown in Spain and South Africa resulting in another heavy drop in its key revenue measure. The world’s second-biggest mobile operator said the pace of ...
EU regulators to decide on Oracle, Micros deal by Aug. 29
July 25th, 2014
European Union antitrust regulators will decide by Aug. 29 whether to clear world No. 2 software maker Oracle Corp’s (ORCL.N) $5.3 billion bid for Micros Systems (MCRS.O), the European Commission said on Friday. The deal, Oracle’s biggest in five ...
Stocks futures lower Friday
July 25th, 2014
Stock futures were lower Friday ahead of the start of regular trading. Here is where major market indexes stood before the opening bell (Last updated at 4:15 a.m.) Dow: – 0.02% S&P 500: – 0.05% Nasdaq: – 0.21% Japan’s ...
Technical Analysis EUR/USD refuses to go down
July 25th, 2014
Pair’s Outlook For the time being the single European currency is reluctant to decline, even though it has just breached one of the key support lines, namely 1.35. Right now the pair is facing the monthly S1 at 1.3436, ...
IMF Cuts Global Forecast for 2014
July 25th, 2014
The International Monetary Fund lowered its outlook for global growth this year as expansions weaken from China to the U.S. and military conflicts raise the risk of a surge in oil prices. The world economy will advance 3.4 percent ...
UBS Wins Case Over Firing of Drug Analyst in Front-Running Probe
July 24th, 2014
A London judge said UBS AG (UBSN) had the right to fire a senior analyst who discussed rumors about a Sanofi drug with a friend at a hedge fund who may have bet against the company before publishing a ...
Gold Under Pressure, Dips Under $1300
July 24th, 2014
Gold has dipped under the key level of $1300, as the spot price stands at $1298.67 per ounce late the European session. The metal has now slipped about 2% in little over a week. In the US, Unemployment Claims ...
Spanish jobless rate below 25% for the first time in two years
July 24th, 2014
The unemployment rate in Spain has fallen below 25% for the first time in two years, thanks to the beginning of a revival in the economy. An extra 402,000 people started work in the second quarter of the year, ...
