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S&P 500 index reports worst downfall since April; indexes down for July

August 1st, 2014 (0)
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...

Microsoft must provide foreign customer’s e-mails

August 1st, 2014 (0)
Microsoft Corp must turn over a customer’s emails stored in a data center in Ireland to the US government, a US judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies. ...

InstaForex announces partnership with Barclays Premier League runner-up

August 1st, 2014 (0)
InstaForex, and legendary Liverpool Football Club announced a two-year partnership today that will run until the end of the 2015/16 season. InstaForex will become the Official Online Forex and Binary Options Trading Partner in Asia and the Commonwealth of ...

Asia stocks sideswiped by Wall St, but China motors on

August 1st, 2014 (0)
Asian shares were mostly under water on Friday after a sudden slump on Wall Street spilled over globally, though a surprisingly strong pick up in manufacturing helped Chinese markets hold at seven-month highs. In a promising omen for world ...

Canada’s Dollar Touches 7-Week Low on Growth Concern

August 1st, 2014 (0)
Canada’s dollar touched the weakest level in almost two months as data showing the economy expanded in May failed to damp concern growth is lagging behind that of the U.S., its largest trading partner. The currency later erased losses ...

Pound Posts Biggest Monthly Decline Since May 2013

August 1st, 2014 (0)
The pound posted its biggest monthly decline against the dollar since May 2013 as signs of growth in the U.S. economy boosted expectations for higher Federal Reserve interest rates. Sterling fell to a seven-week low versus the greenback as ...

Technical Analysis Gold – Drops to Six Week Low Near $1280

August 1st, 2014 (0)
Technical Analysis Gold for Friday, August 1, 2014 In the last few days gold has been easing lower and placing pressure on the support level at $1300 which eventually gave way resulting in gold falling sharply back down to ...

Technical Analysis Australia 200 – Falls Sharply from Six Year High

August 1st, 2014 (0)
Technical Analysis Australia 200 for Friday, August 1, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last few days returning back to below the 5550 level in the ...

Brent Oil Steady at $106 on Ample Supply

August 1st, 2014 (0)
Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. Analysts expect global production to exceed demand this year, ...

Questions raised after India Blocks WTO Trade Deal

August 1st, 2014 (0)
Several member states of the World Trade Organisation voiced frustration after India’s demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades. WTO ministers had already agreed the ...
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