Search Results for: Australia dollar
Asian Stocks Retreat From Six-Year High as Kiwi Advances
June 12th, 2014
Asian stocks fell, with the regional benchmark index retreating from its highest close in six years, after U.S. stocks dropped by the most in three weeks. Euronext delayed the opening of cash markets due to a “critical issue” while ...
Asian stocks weak on world bank growth downgrade
June 11th, 2014
Asian stock markets were weak on Wednesday, dragged down by the World Bank’s lower global growth forecast. The bank cut its forecast for global economic growth this year to 2.8 percent from the 3.2 percent it forecast in January. ...
Asian Stocks Rise With Ringgit; U.S., Europe Futures Gain
June 6th, 2014
Asian stocks rose for the fourth straight week and emerging-market currencies strengthened after the European Central Bank cut interest rates to fight deflation. The dollar headed for its best week since April versus the yen and U.S. and European ...
Fifa ethics head Michael Garcia won’t look at new corruption allegations
June 3rd, 2014
Millions of files raise fresh questions over Qatari bid for the 2022 World Cup, with Garcia’s report on the issue due 9 June. Fifa’s chief ethics investigator will not consider millions of documents underpinning a new wave of corruption ...
Bitcoin’s Futile Quest to Be a Currency
June 2nd, 2014
Bitcoin is a fascinating and ingenious technology, but most promoters are mindful of neither the monetary nor the tax issues. For all practical purposes IRS regulations issued in March preclude bitcoins from being used as an alternative currency. The ...
Asia stocks decline while Europe shares rise
May 27th, 2014
Asian stock markets were muted Tuesday as tensions flared between China and Vietnam over a territorial dispute while hopes of easier monetary policy continued to boost European shares. Germany’s DAX rose 0.4 percent to 9,927.85, extending the previous day’s ...
Euro feels impact of European elections – Euro Currency update
May 27th, 2014
Currencies Outlook of May 27th The Euro The Euro is weaker against most of its rivals as the impact of last week’s European elections continues to be felt. Victory for Euro-sceptic parties weighed upon the single currency. Also piling ...
Europe Index Futures Rise With Asia Stocks as Kiwi Drops
May 26th, 2014
European stock index futures rose as Asian stocks headed for their highest close this year after China’s premier said policy will be fine-tuned as needed to support the economy. New Zealand’s dollar fell with crude futures as copper and ...
Thai stocks decline after martial law
May 23rd, 2014
Thailand’s stock market sank Friday, a day after the country’s military seized power in a bloodless coup. Other Asian stock markets were mostly higher, with Japan boosted by weakness in the yen. Bangkok’s SET index fell more than 2 ...
Asian stocks rise as China manufacturing improves
May 22nd, 2014
Japan’s Nikkei led gains in Asian stock markets Thursday after a manufacturing survey suggested the slowdown in China’s economy is flattening out and Fed minutes reinforced expectations the U.S. central bank won’t rush to raise interest rates. HSBC’s manufacturing ...