Search Results for: US economy
Singapore Dollar’s Losses to Ringgit Seen Widening: Asean Credit
August 19th, 2014
The diverging economic fortunes of two Southeast Asian neighbors are prompting PineBridge Investments to favor Malaysia’s ringgit over Singapore’s dollar. The ringgit has gained 4% to 2.53 per Singapore dollar since reaching a 16-year low of 2.63 in February, ...
The Fragmentation of Bretton Woods
August 18th, 2014
The world has changed considerably since political leaders from the 44 Allied countries met in 1944 in Bretton Woods, New Hampshire, to create the institutional framework for the post-World War II economic and monetary order. What has not changed ...
U.S. Investment Outflow Hits Record
August 18th, 2014
The U.S. posted a record cross-border investment outflow in June as China and Japan reduced their holdings of Treasuries and private investors abroad sold bonds and notes. “Right at the beginning of June, you had a very strong sell-off ...
Federated Investors sees S&P 500 at 2,500 in two years
August 18th, 2014
The S&P 500 could hit 2,500 within the next 18 months to two years, according to Barron’s report on Sunday, citing its interview with Stephen Auth, chief investment officer, equities at Federated Investors. A robust U.S. economy growing at ...
Technical Analysis Gold – Steadies Around $1310
August 14th, 2014
Technical Analysis Gold for Thursday, August 14, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick however it has remained quite steady throughout this week hovering around the $1310 level. ...
China Seen Taking Steps to Aid Growth After Credit Plunge
August 14th, 2014
China’s plunge in credit expansion last month and unexpected slowdown in investment spending flashed warnings on growth that investors and economists bet will spur policy makers to expand stimulus. Barclays is forecasting two second-half interest-rate cuts, while Australia & ...
Bank of England Lifts Growth and Inflation Forecasts
August 13th, 2014
The Bank of England on Wednesday raised slightly its forecasts for growth and inflation in Britain, and gave further indications it was getting closer to gradually increasing interest rates. “The committee’s guidance remains the same: The increases in bank ...
German Investor Confidence Slumps
August 13th, 2014
German investor confidence fell to the lowest level since 2012 as the crisis in Ukraine and a sluggish euro-area recovery damp the outlook for Europe’s largest economy. The ZEW Center for European Economic Research in Mannheim said its index ...
Gold Remains Close to $1310 as Geopolitical Concerns Weigh
August 13th, 2014
Gold ended modestly higher on Tuesday, supported after two days of declines by signs that the stand-off between Russia and Ukraine was hurting economic confidence in the euro zone economy. Analyst and investor morale in Germany, Europe’s largest economy, ...
West TX Oil Drops to 97.30 on Pressure
August 13th, 2014
Brent crude slipped below $103 a barrel on Wednesday to trade near its lowest level in more than a year as ample supplies countered any disruption risks posed by lingering tensions in Iraq and Libya. It was the fourth ...
