Search Results for: German
Merkel unhappy with Draghi’s apparent new fiscal focus
September 1st, 2014
A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth in Europe. Draghi ...
Abenomics, European Style
September 1st, 2014
Two years ago, Shinzo Abe’s election as Japan’s prime minister led to the advent of “Abenomics,” a three-part plan to rescue the economy from a treadmill of stagnation and deflation. Abenomics’ three components – or “arrows” – comprise massive ...
Asian shares wobble in early trade, euro sinks
September 1st, 2014
Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey, while the euro touched a fresh one-year low ahead of this week’s European Central Bank meeting. “Naturally, developments ...
Australia 200 – Settles Above 5600
September 1st, 2014
Australia 200 for Monday, September 1, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...
ECB’s Draghi Considering Large-Scale Bond Purchases
September 1st, 2014
Between Mario Draghi and quantitative easing lies an obstacle course. The European Central Bank president’s signal that he’s considering large-scale bond purchases raises the question of how to surmount hurdles from political and legal challenges to conflicts with measures ...
Euro zone inflation dips as expected in August
August 29th, 2014
Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy action. Consumer prices in the 18 countries using the ...
Asian shares slump as Ukraine tensions flare
August 29th, 2014
Asian shares slumped on Friday, after flaring Ukrainetensions spoiled investor risk appetite and bolstered the safe-haven yen. Ukraine’s president said Russian troops had entered his country in support of pro-Moscow rebels who captured a key coastal town, escalating a five-month-old ...
CFD COMMODITIES – Weak USD and Inventories Boost Oil
August 28th, 2014
Commodities overview Crude rose after US gas inventories shrank by 960,000 barrels Sugar Lobby in US wins higher import duty as global supply pushes prices down Gold supported by geopolitical risk and USD weakness The Energy Information Administration ...
Asia shares steady as rally fades, euro clings to gains
August 28th, 2014
Asian shares held steady after pulling back from a 6-1/2 year high as the recent rally in risk assets petered out for now, while the euro clung to modest gains after rebounding from 13-month lows. The Australian dollar rose ...
ECB speculation drives down yields, weighs on euro
August 27th, 2014
Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation. ...
