Search Results for: RBC
FOREX: Dollar strengthens as Greek debt crisis weighs on euro
May 12th, 2015
* Pressure remains on kiwi from rate-cut expectations * Sterling holds most post-election gains after BOE stands pat The dollar firmed against major counterparts on Tuesday, as ongoing anxiety over Greece‘s debt crisis helped push the euro toward a one-week ...
Dollar struggles on soft data, sterling awaits election
May 7th, 2015
Dollar index hits two-month lows Euro breaks above $1.13 for the first time since late Feb Sterling on defensive for UK elections Aussie up slightly after fall on local job data The dollar languished near its lowest levels ...
Asian shares rise as weak China data spurs stimulus bets
May 4th, 2015
Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world’s second-largest economy. Spreadbetters expected the equity ...
Dollar near 2-month low ahead of U.S. GDP, Fed policy statement
April 29th, 2015
* Dollar index hovers near its lowest level in 2 months * Euro flirts with $1.10, Aussie back near 80 U.S. cents * Investors await U.S. GDP, Fed outcome The dollar wallowed near a two-month low against a basket ...
Iran Moves Closer to Restoring Oil Exports on Nuclear Accord
April 3rd, 2015
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The preliminary agreement outlined Thursday signals the Persian Gulf nation may ...
Big Banks Struggle to Pass Fed’s ‘Stress Tests’
March 12th, 2015
Bank of America must resubmit proposal to address certain weaknesses Four of the biggest names on Wall Street struggled to pass the Federal Reserve’s 2015 “stress tests,” and the U.S. units of two foreign banks fell short, underscoring the ...
ECB meeting preview: What traders should expect from it
March 3rd, 2015
DESPITE a range of economic indicators suggesting that the Eurozone economy has finally begun to turn a corner, markets had an uncertain start to the week. Although the currency bloc’s unemployment rate slipped to 11.2 per cent in January ...
Thomson Reuters Expands Equity Index Series with Globally Listed Infrastructure Indices
February 19th, 2015
Asset managers and investors to benefit from proprietary five-level business classification system to track the performance of utilities, transport infrastructure, energy infrastructure and telecommunications infrastructure companies Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, ...
Russia’s credit rating likely to be downgraded to junk
January 12th, 2015
Standard & Poor’s is going to revise Russia’s sovereign credit rating with a “negative” outlook. The agency made the decision to revise Russia’s credit in late 2014. According to the agency, the flexibility of Russia’s monetary policy has been declining steadily. ...
Yen Weakens for Second Day as Stocks, Oil Rally; Aussie Advances
January 8th, 2015
The yen fell for a second day against the dollar as stocks rose around the world before U.S. reports this week that economists said will show an improving labor market. Japan’s currency also weakened versus all of its 16 ...
