Search Results for: US Dollar
Deutsche Bank swings to €92m loss on legal costs
October 29th, 2014
Deutsche Bank swung to a loss in the third quarter because of higher legal costs to settle investigations. Germany’s largest lender posted a net loss of €92m ($117m; £72.6m) in the three months to September, compared to a profit ...
Falling Coal Prices Wreaking Havoc With Corporate Balance Sheets
October 24th, 2014
The slide in oil prices has raised speculation that oil companies in the U.S. could be forced to cut back on production, but a market slump in another commodity is also putting pressure on producers. Coal markets are currently ...
Asian Equities Lower on Growth Woes
October 23rd, 2014
European and Asian stock markets ground lower on Thursday, worries over banks and corporate results again darkening the mood despite a surprisingly upbeat survey of Germany’s manufacturing and service sectors. U.S. stocks were on course to open a touch ...
Thursday October 23: OSB Daily Technical Analysis- Currency pairs
October 23rd, 2014
OSB Daily Technical Analysis for October 23, 2014 EUR/USD sold off closing below the 1.2650 support area suggesting further downside and a test of the 1.26 handle. A close below extends to bottom of the current range at in ...
Bank of Canada maintains overnight rate target at 1 per cent
October 22nd, 2014
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Inflation in ...
Currency Wars Evolve With Goal of Avoiding Deflation
October 22nd, 2014
Currency wars are back, though this time the goal is to steal inflation, not growth. Brazil Finance Minister Guido Mantega popularized the term “currency war” in 2010 to describe policies employed at the time by major central banks to ...
Gold – Surges to Five Week High Above $1255
October 22nd, 2014
Gold for Wednesday, October 22, 2014 Over the last few days to finish out last week Gold ran into the previous key level at $1240 which has resisted and forced gold a little lower, however it has since surged ...
Polish company first in the world to sell shares for Bitcoins
October 21st, 2014
A Polish company, InPay S.A., is the first in the world whose shares are available for purchase in public offering using the digital currency Bitcoin. The sale has just launched on the equity crowdfunding site Beesfund.com. Equity crowdfunding is ...
Gold Rebounds Boosted by India Holiday Sales
October 21st, 2014
Even after a two-week rally in bullion, domestic prices remain 7.4 percent lower than a year ago just as sales are set to climb for the festival and wedding season. India is the largest gold buyer after China. The ...
Private equity titans open cloistered world to smaller investors
October 21st, 2014
Seeing individual investors as untapped sources of capital, private equity firms are seeking to attract checks in the tens of thousands of dollars rather than in the hundreds of millions. For decades, David M. Rubenstein has persuaded big institutions ...
