Search Results for: economy
Strong Demand for Australian Bonds
August 28th, 2014
The strongest demand at Australian bond auctions in a decade reflects yields in a sweet spot: more stable than those in the U.S. and higher than those in Europe. Reserve Bank of Australia Governor Glenn Stevens has said he ...
Gold Up Again to $1285 on Softer U.S. Dollar
August 28th, 2014
Gold rose for the third straight day on Thursday on softening dollar and increased tensions between Ukraine and Russia, but the precious metal was under pressure from rallies in equities and the prospect of a U.S. interest rate hike. ...
Asia shares steady as rally fades, euro clings to gains
August 28th, 2014
Asian shares held steady after pulling back from a 6-1/2 year high as the recent rally in risk assets petered out for now, while the euro clung to modest gains after rebounding from 13-month lows. The Australian dollar rose ...
ECB speculation drives down yields, weighs on euro
August 27th, 2014
Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation. ...
U.S. Index Futures Little Changed With S&P 500 at Record
August 27th, 2014
U.S. stock futures were little changed, after the Standard & Poor’s 500 Index closed above 2,000 for the first time, as Tiffany & Co. (TIF) climbed while Smith & Wesson Holding Corp. slumped on earnings projections. Futures on the ...
Gold Showing Little Movement After Mixed US Data
August 27th, 2014
Gold is stable on Wednesday, as the pair trades at $1284.27 per ounce in the European session. It’s a quiet day on the release front, with no major releases out of the US. On Tuesday, the Russian and Ukrainian ...
Japan Abe aide Hamada: Could do next sales tax hike in stages
August 27th, 2014
Japan could soften the impact of a planned sales tax increase by raising it in stages rather than IN a single hike, an outside adviser to Prime Minister Shinzo Abe said on Wednesday. Koichi Hamada, professor emeritus of economics ...
The Rate Rise Timeline to Watch for Now – When will the Fed begin to raise rates?
August 27th, 2014
According to Rick Rieder, Fed Chair Yellen’s Jackson Hole comments, along with the recently released Fed minutes, clearly show we’re at the beginning of a very significant period of transition for Fed monetary policy. As market watchers dissect Federal ...
India Hedge Funds Are World’s Best Performer on ‘Modi, the Hero’
August 27th, 2014
Hedge funds investing in India have become the world’s best performers this year on expectations that Prime Minister Narendra Modi will revive Asia’s third-largest economy. India-focused hedge funds, with a sixth of the $16.5 billion in assets of those ...
Scottish independence: Firms question “Yes” vote business case
August 27th, 2014
More than 130 businesses have signed a letter saying the business case for Scottish independence “has not been made”. Scotland will go to the polls in the referendum on 18 September, with voters being asked the “Yes/No” question: “Should ...
