Search Results for: U.S. economy
Stocks end lower: Nasdaq off more than 1%
September 23rd, 2014
Wall Street took a sharp hit Monday as tech stocks plunged and Alibaba (BABA) fell more than 4% on its second day of trading after a blockbuster start on Friday. Investor concerns of a slowing Chinese economy also weighed ...
Draghi Loan Plan Missing Estimates Hampers ECB Stimulus
September 19th, 2014
Mario Draghi is facing renewed pressure to implement quantitative easing after banks borrowed less than estimated in the European Central Bank’s first targeted-loan offer. The Frankfurt-based ECB lent 82.6 billion euros ($106.5 billion) to euro-area banks at a fixed ...
Why The Bitcoin Price Dropped Today
September 19th, 2014
Normally in the Bitcoin world sudden price fluctuations ranging from $10-$30 can be attributed to market manipulation by large holders of the virtual currency. However, when the price changes greater than $30 in a short period of time there ...
Dollar surges to six-year peak on yen, Tokyo stocks cheer
September 18th, 2014
Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve’s outlook for rising rates underlined the diverging path between the United states and the rest of the rich world. ...
Draghi’s Trillion-Euro Journey Starts Today
September 18th, 2014
Mario Draghi’s trillion-euro journey is under way. The European Central Bank will announce the result of its first targeted lending program today as part of its effort to stave off deflation in the euro area. Draghi’s first step may ...
Russian ruble drops to historic low amid sanctions
September 16th, 2014
Russia’s currency dropped to an all-time low against the dollar on Tuesday as investors fret about the fallout of economic sanctions. The United States and the European Union last week imposed a new round of sanctions against Russia for ...
West TX Oil at $93 on Softer Economic Data
September 16th, 2014
Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook. Data reflecting lackluster manufacturing output performance ...
Australia 200 – Drops Sharply Back to Key 5500 Level
September 15th, 2014
Australia 200 for Monday, September 15, 2014 For the last couple of weeks the Australia 200 Index has declined from its multi-year high after running into resistance around 5650 back to consolidate just under the 5600 level, before falling ...
West TX Oil Drops to $91.30 after Russia Sanctions
September 15th, 2014
Brent crude slumped to a more than two-year low under $97 per barrel on Monday as a slew of lackluster economic data from China, the world’s top energy consumer, cast a shadow on the outlook for oil demand amid ...
Argentina’s Congress passes debt restructuring law
September 11th, 2014
Argentina’s Congress gave final approval on Thursday to a law proposing to restructure the country’s debt to skirt a U.S. court ruling that forced it into its second default in 12 years. The debt restructuring plan aims to enable ...
