Search Results for: ECB
Australia 200 – Consolidates Around 5650 After New Multi Year High
September 4th, 2014
Australia 200 for Thursday, September 4, 2014 After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660, ...
OSB Daily Technical Analysis – Currency pairs
September 4th, 2014
OSB Daily Technical Analysis for September 4, 2014 EUR/USD found support close to the 1.3120 area following the hammer candle of the previous day which suggested a short term bottom and reversal from recent lows. This up-swing is likely ...
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 ...
Eurozone: Draghi’s new deal
September 3rd, 2014
About halfway through the speech, Mario Draghi stumbled. The European Central Bank president had reached a passage in his prepared remarks about the worrisome trend in inflation afflicting much of the continent. Few central bankers are more aware of ...
Asian stocks dip, euro stuck near one-year lows
September 2nd, 2014
Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Spreadbetters expected an effectively flat open ...
OSB Daily Technical Analysis- Currency pairs
September 2nd, 2014
OSB Daily Technical Analysis for September 2nd, 2014 EUR/USD was largely unchanged on Monday despite bearish pressure. Weakness continues and lower prints are almost certain considering looming ECB actions in the near term. USD/JPY Breakout for the USD/JPY pair ...
Merkel unhappy with Draghi’s apparent new fiscal focus
September 1st, 2014
A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth in Europe. Draghi ...
Abenomics, European Style
September 1st, 2014
Two years ago, Shinzo Abe’s election as Japan’s prime minister led to the advent of “Abenomics,” a three-part plan to rescue the economy from a treadmill of stagnation and deflation. Abenomics’ three components – or “arrows” – comprise massive ...
Euro zone inflation dips as expected in August
August 29th, 2014
Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy action. Consumer prices in the 18 countries using the ...
Asian shares slump as Ukraine tensions flare
August 29th, 2014
Asian shares slumped on Friday, after flaring Ukrainetensions spoiled investor risk appetite and bolstered the safe-haven yen. Ukraine’s president said Russian troops had entered his country in support of pro-Moscow rebels who captured a key coastal town, escalating a five-month-old ...
