Search Results for: ECB
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
Asian shares skid as Obama confirms air strikes on Iraq
August 8th, 2014
Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after U.S. President Obama said he had authorized air strikes in ...
Aussie Tumbles as Jobless Surge Revives Rate-Cut Bets; Yen Falls
August 7th, 2014
Australia’s dollar fell by the most in a month as traders revived bets on central bank interest-rate cuts after the unemployment rate jumped to the highest level since 2002. The Aussie weakened at least 0.5 percent versus all of ...
Australia 200 – Returns to Familiar Territory Below 5500
August 7th, 2014
Australia 200 for Thursday, August 7, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last week returning back to more familiar territory between the 5400 and 5500 levels. ...
Technical Analysis AUD/USD – Receives Solid Support from 0.9300
August 7th, 2014
Technical Analysis AUD/USD for Thursday, August 7, 2014 In the last half day the Australian dollar has surged higher to a one week high near 0.9375, before easing back slightly in recent hours. It has done well of late ...
Gold – Enjoys Support at $1290 and Moves Back Above $1300
August 7th, 2014
Gold for Thursday, August 7, 2014 In the last 24 hours gold has surged higher away from the support level at $1290 and back up well above $1300 to a one week high. Over the last week or so ...
Gold steady as dollar, European equities firm
August 5th, 2014
Gold prices steadied on Tuesday as the dollar benefited from soft euro zone economic data which pushed the euro lower, while upbeat corporate earnings reports lifted European equity markets. Spot gold was at $1,288.89 an ounce at 1239 GMT, ...
Euro Near Eight-Month Low as Short Bets Surge
August 4th, 2014
The euro was 0.4 percent from its lowest level versus the dollar since November as investors held the largest position in two years betting on a drop in the currency before the region’s central bank meets this week. Europe’s ...
Will Europe start to lend again?
August 4th, 2014
The European Central Bank will take over supervising banks in Helsinki and Lisbon in November after finding out unprecedented scrutiny to their books. The reason for doing so is to restore confidence in the euro zone’s banks, battered by ...
Week in FX Asia – BOJ Defends Inaction Strong USD Provides Breathing Room
August 1st, 2014
BOJ Defends Its Assessment of the Japanese Economy Bank of Japan Governor Haruhiko Kuroda defended the bank’s positive assessment of the economy on Friday. Data release out of Japan have been weak and prompted an assurance from the BOJ ...
