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Technical Analysis Gold – Drops to Six Week Low Near $1280

August 1st, 2014 (0)
Technical Analysis Gold for Friday, August 1, 2014 In the last few days gold has been easing lower and placing pressure on the support level at $1300 which eventually gave way resulting in gold falling sharply back down to ...

China’s factories expand as global trade flourish

August 1st, 2014 (0)
Activity in China’s vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. China’s official ...

Technical Analysis Australia 200 – Falls Sharply from Six Year High

August 1st, 2014 (0)
Technical Analysis Australia 200 for Friday, August 1, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last few days returning back to below the 5550 level in the ...

Brent Oil Steady at $106 on Ample Supply

August 1st, 2014 (0)
Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. Analysts expect global production to exceed demand this year, ...

Questions raised after India Blocks WTO Trade Deal

August 1st, 2014 (0)
Several member states of the World Trade Organisation voiced frustration after India’s demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades. WTO ministers had already agreed the ...

Technical Analysis AUD/USD – Desperately Clinging to 0.9300

August 1st, 2014 (0)
Technical Analysis AUD/USD for Friday, August 1, 2014 The Australian dollar is presently trying to cling onto the 0.93 level after its sharp over the last few days which saw it move from above 0.9400 down to a seven ...

Alibaba Is Investing big in U.S. Tech Companies

August 1st, 2014 (0)
Chinese Internet retailer, Alibaba Group, is going to America with plans for big investment. In March, Alibaba made a $215 million investment in Tango, a messaging app. It recently contacted Snapchat, another messaging app that this year turned down a $3 ...

Markets fell for July, but Analysts Are Upbeat

August 1st, 2014 (0)
The stock market remarked the sharpest decline in the Standard & Poor’s 500-stock index since April for the month of July, while the Dow Jones industrial index dropped more than 300 points, eliminating all of its gains for the ...

Aussie legal market sees slight rise in confidence but pay rises limited

August 1st, 2014 (0)
A slight rise in business confidence and commercial activity in Australia looks set to thaw out pay freezes and potentially help stem the flow of partner exits that were the mark of the 2013/14 financial year. A study from ...

Stocks tumble at the open a day after Argentina defaults

July 31st, 2014 (0)
Stocks tumbled at the open Thursday as bond yields spiked and global markets took a tumble a day after Argentina defaulted on its debt. A breakdown in talks between Argentina and U.S. creditors late Wednesday sent the country plunging ...
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