Search Results for: EC
Canada-Dollar Bears Turn Bullish First Time in 16 Months
July 8th, 2014
Speculators have reversed bets that helped make the Canadian dollar the worst performer in the developed world, with sentiment swinging in the currency’s favor for the first time in 16 months as inflation quickens. Futures wagers by hedge funds ...
Palladium Near 13 Year High around $870
July 8th, 2014
Platinum group metals continued to benefit from concerns over the supply situation in South Africa, which recently witnessed a five-month long strike at top producers. The strike ended late last month but other smaller strikes have since broken out, ...
Australia accused of breaking law after returning asylum seekers to Sri Lanka
July 8th, 2014
Australia has been accused of breaking international law and violating the refugee convention after returning a group of 41 Sri Lankan asylum seekers who attempted to reach the country by boat directly into the hands of the Sri Lankan ...
Asian Stocks Lower After U.S. Lead
July 8th, 2014
Asian stock markets drifted lower Tuesday after U.S. indexes pulled back from record highs and investors awaited fresh data from China. Japan’s Nikkei 225 index tracked Wall Street’s declines, slipping 0.2 percent to 15,351.25 despite fresh data showing the ...
FX Volatility Remains Low, says Deutsche Bank
July 8th, 2014
Volatility in the foreign-exchange market will stay near quarter-century lows this summer before a potential late-year “shock,” according to Deutsche Bank AG’s Alan Ruskin. “The market is extremely complacent and we will get some sort of shock, probably in ...
Yen Holds Biggest Gain in a Week on Stock Drop
July 8th, 2014
The yen remained higher after a gain yesterday that was the biggest in a week, as U.S. stock futures point to declines in the Standard & Poor’s 500 Index and after Japan reported a bigger-than-expected current-account surplus. The currency ...
Dollar Falls Most in a Week Versus Yen after Fed Rate report
July 8th, 2014
The dollar fell the most in more than a week against the yen as investors gauge the timing of Federal Reserve interest-rate increases after reports showing a strengthening jobs market. The Bloomberg Dollar Spot Index rose earlier after Goldman ...
Australia, Japan sign defense and trade deals
July 8th, 2014
On Tuesday, Japan’s prime minister Shinzo Abe met with his Australian counterpart to sign agreements aiming to boost defense and trade ties between the countries. The defense deal, which involves the transfer of military equipment and technology, comes a ...
Central Banks Testing Limits of Monetary Policy
July 8th, 2014
The world’s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action. From Washington to London ...
Australia 200 – Not Getting ‘Carried Away’ Above 5500
July 8th, 2014
Australia 200 for Tuesday, July 8, 2014 So will the Australia 200 Index be able to maintain its break through the key resistance level at 5500 having enjoyed a solid week last week? It reversed a little yesterday after ...
