Search Results for: dollar
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 ...
Asian shares on edge as investors brace for Fed
September 16th, 2014
Asian shares fell to 10-week lows on Tuesday as investors braced for a possible hawkish shift in the Federal Reserve’s policy stance in the lead-up to the U.S. central bank’s two-day policy meeting later in the day. Speculation that ...
West TX Oil at $93 on Softer Economic Data
September 16th, 2014
Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook. Data reflecting lackluster manufacturing output performance ...
Gold Steady Above $1230 with Eyes on Fed
September 16th, 2014
Gold added to small overnight gains on Tuesday as investors adjusted positions ahead of a key Federal Reserve policy meeting but they refrained from placing any big bets, awaiting clues on when the U.S. central bank could raise interest ...
Commodities Continue to Suffer Before Fed Decision
September 15th, 2014
Major commodity markets, many already trading near multi-year lows, could face more pressure should the US Federal Reserve suggest an interest rate rise this week. Precious metals may be the most susceptible, as gold prices in recent days have ...
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 ...
Gold Around $1230 on Fears of More Hawkish Fed
September 15th, 2014
Gold edged higher on Monday as Asian equities tumbled but the metal continued to struggle near an eight-month low due to weak physical demand and fears the Federal Reserve may signal an early interest rate increase at this week’s ...
Cities Compete to Be the Arena for Global Legal Disputes
September 12th, 2014
The 48-mile Panama Canal expansion is an engineering marvel that promises to speed up international commerce and may be a boon for global ports. It is also one that involves lots of disputes over cost overruns and construction delays, ...
OSB Daily Technical Analysis – Commodities
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 Gold closed at $1239 and opened the way for a further downswing. Some consolidation likely, support at $1227. $1200 is looking realistic following recent action. Bearish. Silver close below $18.80 is ...
Russian Oil Exploration Could Be Next on West’s Hit List
September 11th, 2014
The United States and European Union plan to stop billions of dollars in oil exploration in Russia by the world’s largest energy companies including Exxon Mobil Corp and BP Plc, U.S. government sources said. The planned sanctions over Russia’s ...
