Search Results for: EU
Hedge-Fund Boutiques Show Dubai Nurturing Oasis Trading: Cities
July 16th, 2014
When Ahmad Zuaiter started a frontier-markets hedge fund, the former Soros Fund Management LLC money manager chose Dubai over New York and London. Zuaiter’s Jadara Capital Partners LP and VY Capital Management Co. Ltd. opened in the emirate in ...
Asia stocks manage muted cheer for China growth
July 16th, 2014
Asian stocks held stubbornly steady on Wednesday after China reported economic growth that was just ahead of market expectations, enough to prompt a sigh of relief from investors, but little else. China’s economy expanded by 2.0 percent in the ...
Technical Analysis GBP/USD rebounds from 1.7042
July 16th, 2014
Technical Analysis EUR/USD for 16/07/2014 Pair’s Outlook As soon as the price dropped down to the 2009 high, the bulls became active and subsequently pushed the Cable through some of the nearest resistances. Judging by the technical indicators, the ...
BofA Merrill Lynch: Survey finds global investors positioning aggressively for recovery in H2 2014
July 16th, 2014
A net 61 per cent of global asset allocators are now overweight equities. This ranks as the survey’s highest reading on this measure since early 2011 and represents the panel’s second-strongest response ever. This aggressive positioning for recovery in ...
USD/JPY Daily Forecast: July 16
July 16th, 2014
USD/JPY Forecast The USD/JPY had a bullish momentum yesterday and slipped above 101.60. The bias is bullish in nearest term testing 102.00 or higher. Immediate support is seen around 101.40. A clear break below that area could lead price ...
USD/CHF Daily Forecast: July 16
July 16th, 2014
USD/CHF Forecast The USD/CHF had a bullish momentum yesterday slipped above 0.8950 as you can see on my hourly chart below. The bias is bullish in nearest term testing 0.9000. Immediate support is seen around 0.8950. A clear break ...
S&P open to paying up to $1 billion to settle DOJ lawsuit
July 16th, 2014
Standard & Poor’s Ratings Services decided to settle a pending lawsuit with the U.S. Department of Justice (DOJ) and is open to paying about $1 billion to settle it, the Wall Street Journal reported citing people familiar with the ...
U.S. court revives BP retirement-plan suit filed after oil spill
July 16th, 2014
A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster. The ...
U.S. retail sales, manufacturing data point at firming economy
July 15th, 2014
A gauge of U.S. consumer spending rose solidly in June, in the latest sign that the economy ended the second quarter on a firmer footing. That momentum appeared to have carried into the third quarter, with other data on ...
Parliament elects Jean-Claude Juncker as Commission President
July 15th, 2014
The European Parliament has issued a press release announcing the election of Jean-Claude Juncker as Commission President. With 422 votes in favour, the European Parliament elected Jean-Claude Juncker in a secret ballot on 15 July as President of the new ...
