Search Results for: US economy
Russian ruble drops to historic low amid sanctions
September 16th, 2014
Russia’s currency dropped to an all-time low against the dollar on Tuesday as investors fret about the fallout of economic sanctions. The United States and the European Union last week imposed a new round of sanctions against Russia for ...
Russia considers Rosneft request for help from state fund
September 16th, 2014
Sanctions-hit oil company Rosneft (ROSN.MM) will be able to apply for money from a state wealth fund, Deputy Prime Minister Arkady Dvorkovich said on Tuesday, adding that the government had “on the whole” approved the company’s investment program. Due ...
Australia 200 – Drops Sharply Back to Key 5500 Level
September 15th, 2014
Australia 200 for Monday, September 15, 2014 For the last couple of weeks the Australia 200 Index has declined from its multi-year high after running into resistance around 5650 back to consolidate just under the 5600 level, before falling ...
West TX Oil Drops to $91.30 after Russia Sanctions
September 15th, 2014
Brent crude slumped to a more than two-year low under $97 per barrel on Monday as a slew of lackluster economic data from China, the world’s top energy consumer, cast a shadow on the outlook for oil demand amid ...
China anxiety over Asian stocks, Aussie dollar hit
September 15th, 2014
Asian stocks skidded to five-week lows on Monday, giving European markets a negative lead after a batch of weak data out of China raised the spectre of a sharp slowdown in the world’s second-biggest economy. “As if traders didn’t ...
Japan Keeps Faith in Weaker Yen as Economy Struggles
September 10th, 2014
Facing the prospect of the first growth-free fiscal year since the 2009 global recession, Japan’s policy makers are keeping faith that a weaker exchange rate will help the world’s third-largest economy. While the yen’s 26 percent slide against the ...
The Reasons Bankers Weren’t Busted
September 9th, 2014
“There Were No Convictions of Bankers for Good Reason” is the headline of a post by Mark F. Pomerantz, a lawyer and retired partner at Paul, Weiss, Rifkind, Wharton & Garrison in the New York Times’s Room for Debate ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
Australian Job Ads at 17 Month High
September 8th, 2014
Australian job advertisements in newspapers and on the Internet rose for a third straight month in August to hit a 17-month high, offering hope that a recent spike in unemployment might prove temporary. A survey by Australia and New ...
China August exports beat forecasts, imports in surprise fall
September 8th, 2014
China’s import growth unexpectedly fell for the second consecutive month in August, posting its worst performance in over a year and stoking speculation about whether authorities should loosen policy further to revive domestic demand. Imports by the world’s second-biggest ...
