Search Results for: US economy
Futures drop after Wall Street sell-off
August 1st, 2014
U.S. stock futures traded lower on Friday following a big sell-off on Wall Street. Most Asian stock markets declined but losses were limited by upbeat reports on China’s economy. Dow futures fell 0.34%, S&P 500 futures were down 0.37% ...
Can Investment Save Europe?
August 1st, 2014
Economic growth in Europe remains disappointing. Virtually all European Union members are expected to post higher output in 2014; but, according to the International Monetary Fund’s latest projections, the average growth rate in the eurozone will barely exceed 1%. ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
Dollar heads for third weekly gain on economic outlook
August 1st, 2014
The dollar headed for a third weekly gain versus the euro, the longest stretch in two months, as signs of a sustained U.S. recovery boost speculation the Federal Reserve is moving toward raising interest rates. The Bloomberg Dollar Spot ...
Canada’s Dollar Touches 7-Week Low on Growth Concern
August 1st, 2014
Canada’s dollar touched the weakest level in almost two months as data showing the economy expanded in May failed to damp concern growth is lagging behind that of the U.S., its largest trading partner. The currency later erased losses ...
Pound Posts Biggest Monthly Decline Since May 2013
August 1st, 2014
The pound posted its biggest monthly decline against the dollar since May 2013 as signs of growth in the U.S. economy boosted expectations for higher Federal Reserve interest rates. Sterling fell to a seven-week low versus the greenback as ...
Technical Analysis Gold – Drops to Six Week Low Near $1280
August 1st, 2014
Technical Analysis Gold for Friday, August 1, 2014 In the last few days gold has been easing lower and placing pressure on the support level at $1300 which eventually gave way resulting in gold falling sharply back down to ...
China’s factories expand as global trade flourish
August 1st, 2014
Activity in China’s vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. China’s official ...
Questions raised after India Blocks WTO Trade Deal
August 1st, 2014
Several member states of the World Trade Organisation voiced frustration after India’s demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades. WTO ministers had already agreed the ...
Markets fell for July, but Analysts Are Upbeat
August 1st, 2014
The stock market remarked the sharpest decline in the Standard & Poor’s 500-stock index since April for the month of July, while the Dow Jones industrial index dropped more than 300 points, eliminating all of its gains for the ...
