Search Results for: employment
Technical Analysis AUD/USD – Rallies Back Above Key 0.93 Level
August 14th, 2014
Technical Analysis AUD/USD for Thursday, August 14, 2014 The Australian dollar is trading in a very small trading range right on top of the key level at 0.9300 after pushing up well over the last day or so. In ...
Gold Remains Rangebound
August 13th, 2014
Gold is listless on Wednesday, continuing a week with little movement. The spot price stands at $1308.60 per ounce in the European session. On the release front, attention shifts to US retail sales data, with the release later today ...
Bank of England Lifts Growth and Inflation Forecasts
August 13th, 2014
The Bank of England on Wednesday raised slightly its forecasts for growth and inflation in Britain, and gave further indications it was getting closer to gradually increasing interest rates. “The committee’s guidance remains the same: The increases in bank ...
Multinationals Warn Against US Inversion Quick Fixes
August 12th, 2014
The current policy debate on so-called corporate inversions threatens to inadvertently impact all American subsidiaries of foreign multinationals and make the country less attractive for future foreign direct investment (FDI), according to a letter written by the Organization for ...
Canada Dollar Drops as Yields Hit Lowest in Year on Jobs
August 11th, 2014
Canada’s dollar declined to almost a three-month low and 10-year bond yields sank to the least in a year as the nation’s employers added fewer jobs in July than forecast, increasing concern the economy is faltering. Canada’s dollar weakened ...
China loosens monetary policy
August 11th, 2014
China loosened monetary conditions last quarter at the fastest pace in almost two years, a Bloomberg LP gauge showed, testing the waning effectiveness of credit in supporting economic growth. Bloomberg’s new China Monetary Conditions Index — a weighted average ...
The Global Economy’s Groundhog Day
August 8th, 2014
In the movie “Groundhog Day,” a television weatherman, played by Bill Murray, awakes every morning at 6:00 to relive the same day. A similar sense of déjà vu has pervaded economic forecasting since the global economic crisis began a ...
Dollar Gains to Almost 9-Month High Versus Euro on Policy
August 8th, 2014
The dollar strengthened to an almost nine-month high against the Euro after European Central Bank President Mario Draghi signalled monetary policy will diverge from the U.S. for an extended period of time. The greenback rose against all but one ...
Sell in May? Stocks flop: Dow hits lowest level since May 20
August 8th, 2014
Stocks fell Thursday as investors continued to worry about rising global tensions despite reports of an improving U.S. economy. The Dow Jones industrial average ended down 75 points, or 0.5%, to 16,368.27. The Standard & Poor’s 500 index fell ...
Accountant accused for client’s NIC oversight
August 8th, 2014
Self-employed Sean Murphy has been accused of not paying any Class 2 National Insurance contributions from 1995 until 2012 because he had not told the then Department of Social Security of his self-employment. The trial will rule as Murphy ...
