Search Results for: US Dollar
China to Overtake USA by 2024
September 8th, 2014
China is set to overtake the U.S. as the world’s largest economy in U.S. dollar terms over the next decade, according to a new report by IHS Economics. IHS measured the size of China’s economy in U.S. dollar terms, ...
Gold Drops Sharply Below $1260 as U.S. Dollar Rallies
September 5th, 2014
Gold prices settled lower on Thursday as brighter prospects for the U.S. economy and the dollar dimmed the metal’s appeal. Bullion got little impetus from the European Central Bank’s dramatic decision to cut three separate interest rates, as well ...
Russian stocks rise following ceasefire announcement
September 3rd, 2014
Russian stocks have risen to their highest level in three months following the announcement of a ceasefire agreement with Ukraine. The main Micex index gained 2.6%, while Russian gas giant Gazprom saw its highest jump since June, rising 3.3%. ...
U.S. Dollar Gets Stronger
September 3rd, 2014
U.S. dollar bulls are enjoying their moment in the sun after a trying start to the year, and analysts told CNBC the good times could continue. The greenback strengthened to a seven month high against the yen in early ...
U.S. SEC charges Houston adviser with not disclosing fund payments
September 3rd, 2014
A Houston-based investment advisory firm steered clients to certain mutual funds without disclosing that it was receiving payments from the broker who offered those funds, the U.S. Securities and Exchange Commission alleged in a civil fraud complaint on Tuesday. ...
Australia 200 – Surges to New Multi Year High Above 5650
September 3rd, 2014
Australia 200 for Wednesday, September 3, 2014 After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660. ...
Gold Remains Below $1290 on Stronger U.S. Dollar; Palladium rise
September 2nd, 2014
Palladium rose for a fourth straight session on Monday to a 13-1/2-year high on fears that supply from top producer Russia could be hit due to the Ukraine crisis, while gold was little changed as the dollar nudged higher. ...
Businesses Find Ways to Avoid Corporate Taxes, but a Fix Seems Unlikely
August 29th, 2014
A pharmaceutical company moved its headquarters to Ireland, sharply reducing its tax rate. A billboard company reclassified itself as a real estate concern, meaning it will no longer pay corporate taxes. And a big oil producer split itself in ...
Strong Demand for Australian Bonds
August 28th, 2014
The strongest demand at Australian bond auctions in a decade reflects yields in a sweet spot: more stable than those in the U.S. and higher than those in Europe. Reserve Bank of Australia Governor Glenn Stevens has said he ...
Gold Up Again to $1285 on Softer U.S. Dollar
August 28th, 2014
Gold rose for the third straight day on Thursday on softening dollar and increased tensions between Ukraine and Russia, but the precious metal was under pressure from rallies in equities and the prospect of a U.S. interest rate hike. ...
