Search Results for: economy
Asian Stocks Lower After U.S. Lead
July 8th, 2014
Asian stock markets drifted lower Tuesday after U.S. indexes pulled back from record highs and investors awaited fresh data from China. Japan’s Nikkei 225 index tracked Wall Street’s declines, slipping 0.2 percent to 15,351.25 despite fresh data showing the ...
Dollar Falls Most in a Week Versus Yen after Fed Rate report
July 8th, 2014
The dollar fell the most in more than a week against the yen as investors gauge the timing of Federal Reserve interest-rate increases after reports showing a strengthening jobs market. The Bloomberg Dollar Spot Index rose earlier after Goldman ...
Central Banks Testing Limits of Monetary Policy
July 8th, 2014
The world’s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action. From Washington to London ...
Technical Analysis Gold – Indecision Resurfaces Under $1320
July 8th, 2014
Technical Analysis Gold for Tuesday, July 8, 2014 After pushing higher to a three month high above $1330 last week, gold has now just eased a little lower back to below $1320 and is showing more signs of indecision again ...
Japan Current Account Surplus Above Expectations
July 8th, 2014
Japan’s current account logged a higher-than-expected surplus in May, government data showed on Tuesday, as the trade deficit narrowed due to a decline in imports. But the improvement in the current account surplus could be temporary as export growth ...
Australia 200 – Not Getting ‘Carried Away’ Above 5500
July 8th, 2014
Australia 200 for Tuesday, July 8, 2014 So will the Australia 200 Index be able to maintain its break through the key resistance level at 5500 having enjoyed a solid week last week? It reversed a little yesterday after ...
Technical Analysis AUD/USD – Resistance at 0.9425 Looms Large Again
July 8th, 2014
Technical Analysis AUD/USD for Tuesday, July 8, 2014 To start this week the Australian dollar is slowly trying to edge higher and regain some of the lost ground from late last week. The Australian dollar enjoyed a solid surge ...
German Industrial Output Drops
July 7th, 2014
German industrial production plunged in May at its sharpest pace in more than two years, suggesting that Europe’s largest economy struggled to expand in the spring after a robust first quarter. Industrial production dropped 1.8% on a seasonally adjusted ...
Gold Extends Drop From 3-Month High as Dollar Strengthens
July 7th, 2014
Gold extended a decline from a three-month high as the outlook for higher borrowing costs in the U.S. strengthened the dollar. Silver also dropped. Gold ended a 12-year rally last year on expectations the Federal Reserve would reduce stimulus ...
Goldman Sachs Brings Forward Rate Forecast as Treasuries Drop
July 7th, 2014
Goldman Sachs Group Inc. brought forward its forecast for the Federal Reserve to raise interest rates after U.S. employers added more jobs than forecast, sending five-year Treasuries lower for a fourth day. The Fed will increase its benchmark in ...
