Search Results for: EY
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 ...
Technical Analysis AUD/USD – Resistance at 0.9425 Looms Large Again
July 8th, 2014
Technical Analysis AUD/USD for Tuesday, July 8, 2014 To start this week the Australian dollar is slowly trying to edge higher and regain some of the lost ground from late last week. The Australian dollar enjoyed a solid surge ...
Germany Proposes a Road Tax Aimed Primarily at Foreigners
July 8th, 2014
The German government announced plans on Monday to charge a road-use fee on all cars using roads and highways in Germany, a measure aimed at the foreign-registered cars that make an estimated 170 million trips to and through the ...
Top banks face wait for detail of new buffer to protect against bailouts
July 8th, 2014
According to a global banking regulator, details of a new buffer of bonds to shield taxpayers from having to rescue a big bank won’t become clear for at least a year or more. Lenders like Goldman Sachs, Deutsche Bank ...
More U.S. companies doing deals to avoid U.S. taxes: Congress study
July 8th, 2014
Seventy-six U.S. corporations have shifted their tax domiciles out of the United States to other countries since 1983 to avoid U.S. taxes, with a sharp increase recently in such deals, a policy research arm of Congress said on Monday. ...
German Industrial Output Drops
July 7th, 2014
German industrial production plunged in May at its sharpest pace in more than two years, suggesting that Europe’s largest economy struggled to expand in the spring after a robust first quarter. Industrial production dropped 1.8% on a seasonally adjusted ...
Gold Extends Drop From 3-Month High as Dollar Strengthens
July 7th, 2014
Gold extended a decline from a three-month high as the outlook for higher borrowing costs in the U.S. strengthened the dollar. Silver also dropped. Gold ended a 12-year rally last year on expectations the Federal Reserve would reduce stimulus ...
U.K. Stocks, Power-Tax Rebates, Bonus Remarks: Compliance
July 7th, 2014
Britain’s markets regulator should investigate whether the closing prices of stocks are being manipulated, according to lawmakers. Conservative Mark Garnier pressed for the investigation by the Financial Conduct Authority at a July 3 hearing of the Treasury Committee in ...
Goldman Sachs Brings Forward Rate Forecast as Treasuries Drop
July 7th, 2014
Goldman Sachs Group Inc. brought forward its forecast for the Federal Reserve to raise interest rates after U.S. employers added more jobs than forecast, sending five-year Treasuries lower for a fourth day. The Fed will increase its benchmark in ...
Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
July 7th, 2014
In the relative calm that is the market for U.S. Treasuries, a sense of unease over a vital cog in the financial system’s plumbing is beginning to rise. The Federal Reserve’s bond purchases combined with demand from banks to ...
