Search Results for: Russian
Euro touches eight-month low, European shares fall
July 30th, 2014
The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were at record lows ahead of inflation data expected to boost the case for further European Central Bank policy easing. Investors were also awaiting ...
Economic sanctions on Russia from EU and U.S.
July 30th, 2014
EU governments have agreed to impose sweeping sanctions on Russia, targeting state-owned banks, imposing an arms embargo and restricting sales of sensitive technology and the export of equipment for the country’s oil industry, in response to Moscow’s continued backing ...
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
West TX Oil drops Before Stockpile Data
July 30th, 2014
West Texas Intermediate crude traded near the lowest price in two weeks before government data that may signal the strength of fuel consumption in the U.S., the world’s biggest oil user. Brent fell in London. Futures were little changed ...
Gold Firm as Markets Eye Fed Policy Meeting
July 29th, 2014
Gold is steady on Tuesday, as the spot price stands at $1307.47 late in the European session. On the release front, it’s another quiet day, highlighted by CB Consumer Confidence. The markets are expecting another strong showing from the ...
Shares, dollar steady ahead of key U.S. data, Fed meeting
July 29th, 2014
World stock markets remained almost unchanged on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S. economic reports and events this week. Wall Street ended flat as the latest deal ...
Russia faces more sanctions from the U.S. and Europe
July 29th, 2014
The United States and Europe have unitedly decided to increase the economic sanctions against Russia since they fear that Moscow might be planning an invasion in Ukraine soon. After months in which European leaders resisted going as far as ...
Tax Breaks introduced for Russia-China Gas Deal
July 28th, 2014
Following a major 30-year gas supply deal signed by the Russia and China on May 21, 2014, the two countries are discussing the introduction of tax breaks on both sides of the border. Gazprom, Russia’s state-owned gas company, signed an agreement ...
Oil Mixed With West TX reaching $102
July 28th, 2014
Brent crude oil reversed losses jumping back above $108 a barrel on Friday, as fighting in Ukraine and deteriorating relations between Russia and the United States ignited new fears of supply disruptions in the market. A Russian security official ...
Gold Above $1300 Again
July 28th, 2014
Technical Analysis for Gold, Monday, July 28, 2014 Gold did well at the end of last week to surge higher through the $1300 level back up towards $1310 before easing slightly to start this new week. Throughout most of ...