Search Results for: EC
UK inflation rate rises to 1.8%
May 20th, 2014
Higher fares for flights and ferries helped to push the rate of inflation up in April, the first increase in the rate for 10 months. The Consumer Prices Index, rose to 1.8% in April from 1.6% in March, according ...
The Greek Bond Dump
May 20th, 2014
Here’s a chart showing Greece’s 10-year bond yield during the past 10 days: Here’s what happened. On Thursday, speculation swept the markets that the government was about to levy a retroactive tax on profits made on trading Greek government ...
European Stocks Little Changed Amid Earnings Reports
May 20th, 2014
European stocks were little changed, with the Stoxx Europe 600 Index trading within 1 percent of a six-year high, as investors weighed corporate earnings. U.S. index futures and Asian shares were little changed. Carnival Plc climbed 3.8 percent after ...
Oil is above $102 as Libya tensions continue
May 20th, 2014
The price of oil hovered above $102 a barrel Tuesday as the threat of further violence in Libya threw into question the country’s ability to ramp up its crude exports. Benchmark U.S. crude for July delivery was up 18 ...
USD/JPY bounced off 101.23/00
May 20th, 2014
Pair’s Outlook While the 200-day SMA has already been breached, which is generally reckoned to be a bearish sign, some of the strongest demand areas remain intact. Consequently, unless a cluster of supports at 101.23/00 is broken, there will ...
GoPro plans to list on the Nasdaq stock exchange
May 20th, 2014
Wearable camera-maker GoPro has filed documents for a public share sale in the US. Money raised from the initial public offering (IPO) will go towards repaying debt and future acquisitions. The filing did not reveal how many shares the ...
GBP/USD may dip to monthly PP
May 20th, 2014
Pair’s Outlook The Cable is currently experiencing difficulties overcoming the weekly pivot point, which did not let the Pound to appreciate further. Accordingly, the nearest future could be associated with a sell-off that should be limited by a strong ...
EUR/USD is likely to breach 200-day SMA
May 20th, 2014
Pair’s Outlook EUR/USD is still lacking momentum. From the upside the currency pair’s movements are restricted by the monthly S1, but there are also additional resistances represented by the 100-day SMA and up-trend line at 1.3760 and by the ...
Marks and Spencer sees profits fall
May 20th, 2014
Marks and Spencer has reported a 3.9% fall in underlying annual profit to £623m, the third consecutive year its profits have fallen. The retailer also said that group sales rose by 2.7% to £10.3bn in the year to 29 ...
SRA publishes guidance for criminal legal aid contract applicants
May 19th, 2014
The Solicitors Regulation Authority (SRA) has published guidance to support applicants tendering for criminal legal aid services contracts. The guidance covers key considerations firms need to keep in mind when applying for Own client contracts and Duty Provider Crime ...
