Search Results for: Federal Reserve
Asian shares tentative, sterling plunges
September 8th, 2014
Sterling declined on Monday and British shares look set to underperform their peers in Europe after a poll found rising support for Scottish independence. European shares are expected to enjoy a firm tone on the whole, following gains on ...
ECB Wades Into Currency Wars But Needs Reform Backing
September 8th, 2014
The European Central Bank spent a long time being a noncombatant in the global currency wars. But it has decisively entered the fray as it seeks to boost its balance sheet by €1 trillion ($1.294 trillion) through fresh loans ...
Gold Drops Sharply Below $1260 as U.S. Dollar Rallies
September 5th, 2014
Gold prices settled lower on Thursday as brighter prospects for the U.S. economy and the dollar dimmed the metal’s appeal. Bullion got little impetus from the European Central Bank’s dramatic decision to cut three separate interest rates, as well ...
Fed’s Powell says alternative to Libor needed
September 5th, 2014
The U.S. Federal Reserve will accelerate its search for a substitute to the Libor benchmark interest rate to stave off what would be “a horrible mess” if the current system collapses with no alternative, Fed Governor Jerome Powell said ...
Regulators set rules meant to ward off bank crisis
September 4th, 2014
Federal regulators are requiring big banks to keep enough high-quality assets on hand to survive during a severe downturn, the latest move under congressional mandate to lessen the likelihood of another financial meltdown. The Federal Reserve adopted rules on ...
U.S. Dollar Gets Stronger
September 3rd, 2014
U.S. dollar bulls are enjoying their moment in the sun after a trying start to the year, and analysts told CNBC the good times could continue. The greenback strengthened to a seven month high against the yen in early ...
Australia 200 – Surges to New Multi Year High Above 5650
September 3rd, 2014
Australia 200 for Wednesday, September 3, 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. ...
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 ...
Australia 200 – Settles Above 5600
September 1st, 2014
Australia 200 for Monday, September 1, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...
ECB’s Draghi Considering Large-Scale Bond Purchases
September 1st, 2014
Between Mario Draghi and quantitative easing lies an obstacle course. The European Central Bank president’s signal that he’s considering large-scale bond purchases raises the question of how to surmount hurdles from political and legal challenges to conflicts with measures ...
