Search Results for: Allen
Australia 200 – Starting to Enjoy Support from 5500
November 6th, 2014
Australia 200 for Thursday, November 6, 2014 The Australia 200 index has enjoyed a solid resurgence over the last month after getting much needed support from the 5200 level, which has resulted in it moving back above the 5400 ...
Euro edges higher, stocks sag before ECB meeting
November 6th, 2014
The euro edged higher and European stocks pulled back on Thursday as investors waited to see how ECB chief Mario Draghi responds to another run of poor euro zone data and reports of disquiet about his leadership style. The ...
Gold – Drops Sharply to Below $1140
November 6th, 2014
In the last few weeks gold has fallen very strongly and resumed the medium term down trend falling from above $1250 back down through the key $1240 level, down below $1200 to a multi year low around $1140. In ...
A Recent Surge of Leveraged Loans Rattles Regulators
November 5th, 2014
As regulators hunt for the next financial bubble, they are homing in on an obscure corner of Wall Street: the debt market where Tom Shannon’s company, a chain of flashy bowling alleys, recently borrowed nearly half a billion dollars. ...
British Banks May Face Probe of Checking Accounts, Loans
November 5th, 2014
U.K. antitrust regulators said they may open an investigation into checking accounts and banking services for small- and medium-sized businesses. The Competition and Markets Authority will issue a decision on starting a full probe into banking for small firms ...
Australia & NZ shares slip as commodity prices fall, China data awaited
November 5th, 2014
Australian and New Zealand shares slipped on Wednesday with weaker iron ore, copper and oil prices dragging down Australia’s heavyweight resources sector amid concerns about global demand. The S&P/ASX 200 index fell 29.9 points to 5,490 by 01:20 GMT, ...
Oil price swoon pulls WTI crude to 3-year low
November 5th, 2014
Oil prices fell to a three-year low Tuesday as Saudi Arabia cut prices of crude exported to the U.S., raising the specter of a bruising battle for market share that threatens the U.S. energy boom but could bring ultra-low ...
Stocks close mixed: S&P drops, Dow bumps up
November 5th, 2014
Stocks closed mixed Tuesday as markets struggled from a one-two punch of falling oil prices and renewed fears of a global slowdown. A wait-and-see posture regarding Tuesday’s elections may also be holding back investors. The Standard & Poor’s 500 ...
Oil slides after Saudi cuts to US prices
November 4th, 2014
Oil prices fell sharply on Tuesday after Saudi Arabia on Monday lowered the price it charges customers in the US in an effort to prop up its share of the American market. West Texas Intermediate fell as much as ...
It’s Currency War! – And Japan Has Fired The First Shot
November 4th, 2014
This is the big problem with fiat currency – eventually the temptation to print more of it when you are in a jam becomes too powerful to resist. In a surprise move on Friday, the Bank of Japan dramatically ...
