Search Results for: EU
Spain Unveils ‘Google Tax’
August 7th, 2014
Spain’s Congress of Deputies has approved a law, which will pave the way for a levy on news aggregation websites. Dubbed the “Google Tax,” the levy would allow news publishers to charge “electronic news aggregation systems,” such as the ...
Asia stocks cautious, bonds up on Ukraine tensions
August 7th, 2014
Asian share markets got off to a cautious start on Thursday, with Japanese stocks pulling further away from six-week lows as a Russian troop build-up on the border with Ukraine sapped risk-appetite and pushed global bond prices higher. Global ...
U.S. judge tells New York bank to hold onto Argentine bond funds
August 7th, 2014
The U.S. judge in charge of Argentina’s debt default case on Wednesday ordered Bank of New York Mellon to hold on to money deposited by the government rather than disburse the funds to holders of the country’s restructured bonds. ...
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. ...
T-Mobile deal collapse could spark telecom price war
August 7th, 2014
Sprint Corp’s (S.N) newly appointed Chief Executive Marcelo Claure has so far had a Midas touch in the telecoms industry, turning Brightstar, a reseller of U.S. handsets to Latin America, into a distributor valued at $2.2 billion when it ...
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 ...
ECB set to hold fire on rates, eyes risks from Ukraine conflict
August 7th, 2014
The European Central Bank is set to hold fire on rates on Thursday as it waits for earlier stimulus measures to gain traction, while keeping an eye on emerging risks from the conflict in Ukraine. The ECB cut interest ...
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 ...
USD/CAD – Stable as US, Canadian Trade Data Improves
August 6th, 2014
The Canadian dollar is steady on Wednesday, as USD/CAD trades in the mid-1.09 range early in the North American session. In economic news, there was positive news on both sides of the border, as Canadian and US Trade Balance ...
BofA raises dividend to 5 cents per share
August 6th, 2014
Bank of America Corp (BAC.N) said it would increase its quarterly dividend to 5 cents per shares from 1 cent per share, its first dividend increase in seven years. The bank withdrew its previously planned increase in April after ...
