Search Results for: Federal Reserve Bank
Euro falls, stocks rise on ECB stimulus bet
August 25th, 2014
The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi ...
Gold – Support at $1275 Standing Firm
August 25th, 2014
Gold for Monday, August 25, 2014 Over the last week now Gold has been falling lower back towards the medium term support level at $1290 however to finish out last week it fell sharply down to the previous key ...
Dollar flatlines ahead of Yellen, Draghi at Jackson Hole
August 22nd, 2014
The dollar was steady on Friday after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the Federal Reserve and ECB on diverging policy plans. European shares .FTEU3 opened ...
Gold Remains Low Below $1280 on Fed Rate Speculation
August 22nd, 2014
Gold traded near a two-month low on speculation that U.S. interest rates are set to increase as investors awaited remarks from Federal Reserve Chair Janet Yellen at a meeting of central bankers. Bullion is still 6.4 percent higher this ...
Futures edge higher ahead of Jackson Hole meeting, data
August 21st, 2014
U.S. stock index futures edged higher on Thursday, ahead of a flurry of economic data and the start of the meeting of top central bankers and economists in Jackson Hole, Wyoming. Policymakers are due to discuss the labor markets ...
Free Money for Germany is Bad News for Euro
August 21st, 2014
When investors are willing to lend money to Germany for two years for free, at a zero interest rate, you know the euro project is in trouble again. Germany yesterday sold 4.04 billion euros ($5.3 billion) of notes that ...
Bond Traders React to Fed Minutes
August 21st, 2014
U.S. Treasury prices hit session lows on Wednesday after the minutes from the Federal Reserve’s latest policy meeting showed the central bank was surprised at the quick progress in the labor market. Benchmark 10-year Treasury notes lost 10/32 in ...
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
Asian Stocks Fall as BHP Billiton Drags Index Lower
August 20th, 2014
Asian stocks fell after valuations reached the highest level this year and as BHP Billiton Ltd. (BHP) slumped, dragging materials shares to the largest decline on the regional gauge. BHP, the world’s largest miner, tumbled 3.9 percent in Sydney ...
Singapore Dollar’s Losses to Ringgit Seen Widening: Asean Credit
August 19th, 2014
The diverging economic fortunes of two Southeast Asian neighbors are prompting PineBridge Investments to favor Malaysia’s ringgit over Singapore’s dollar. The ringgit has gained 4% to 2.53 per Singapore dollar since reaching a 16-year low of 2.63 in February, ...
