Search Results for: US economy
Like Chinese Stocks? In Hong Kong, They’re 12% Cheaper
December 5th, 2014
The rush to pile into the world-beating stock rally in Shanghai has become so fevered that many investors are passing over identical shares that are trading more than 10 percent cheaper in Hong Kong. It’s a reminder of how froth can overwhelm ...
Osborne moves to cut spending to 1930s levels in dramatic autumn statement
December 4th, 2014
The chancellor, George Osborne, has set out dramatic plans to move Britain from the red into the black that will see public spending as a percentage of GDP fall to its lowest level since the 1930s and could require ...
ECB Weighs Further Action As Economic Picture Darkens
December 4th, 2014
The European Central Bank will spell out the scale of economic malaise facing the euro zone after it meets on Thursday under growing pressure to take dramatic action to prevent the bloc going into reverse. With recovery stalled across much of ...
Thursday December 4: OSB Daily Technical Analysis – Indices
December 4th, 2014
OSB Daily Technical Analysis for December 4, 2014 The S&P rallied yet again to make a new all time high which is now very the new normal in the US market. Strongly bullish momentum likely to see the S&P ...
Euro zone risks return to contraction, China outlook smoggy
December 4th, 2014
The euro zone economy may face another contraction after business activity grew less than expected in November, although although Asian readings were more upbeat, while U.S. data was mixed in global surveys published on Wednesday. Firms across the euro ...
U.S. Shares Rise With Dollar as Oil Surges Amid Data
December 3rd, 2014
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...
Guess What Happened The Last Time The Price Of Oil Crashed Like This?…
December 3rd, 2014
There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time this happened was during the second half of 2008, and ...
Asian shares edge down, oil rises as crude inventories decline
December 3rd, 2014
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares ...
Gold Retreats From Five-Week High on Outlook for Stronger Dollar
December 2nd, 2014
Gold retreated after the biggest one-day rally in more than a year as investors weighed the outlook for a stronger dollar against a rebound in oil prices. Silver, platinum and palladium dropped. Bullion for immediate delivery declined as much ...
Dollar’s Strongest Rally in Six Years Stalls Before Jobs Report
December 2nd, 2014
The dollar’s strongest annual rally in six years stalled amid speculation the currency’s advance has been too rapid before U.S. data tomorrow forecast to show job growth slowed. Australia’s currency rebounded from near the weakest in four years after ...
