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Technical Analysis AUD/USD – Aussie Stable as Retail Sales Improves

August 4th, 2014 (0)
AUD/USD remains calm as we start the new trading week. On Monday, the pair is trading in the low-0.93 range. On the release front, Australian Retail Sales rebounded last month and posted a 0.6% gain. However, ANZ Job Advertisements ...

Investors Cheer Portuguese Bank Rescue

August 4th, 2014 (0)
Investors breathed a sigh of relief on Monday after Portugal prevented the collapse of one of its biggest banks, putting some life back into European stocks following last week’s slide and pushing bond yields lower across the board. Lisbon ...

Asian shares pressured by Wall Street, geopolitical tensions

August 4th, 2014 (0)
Fears of further declines on Wall Street pressured Asian shares on Monday, as concerns over geopolitical tensions and Argentina’s debt default eclipsed U.S. data that argued against an earlier start to the Federal Reserve’s rate-tightening cycle. Japan’s Nikkei average ...

HMRC: Tax avoiders have opportunity to settle their issues

August 1st, 2014 (0)
Around 16,000 tax avoiders are to be given the chance to settle their outstanding liabilities with HM Revenue & Customs, the department has confirmed. On average, each of the users of the contractor loan schemes covered by this settlement ...

Week in FX Asia – BOJ Defends Inaction Strong USD Provides Breathing Room

August 1st, 2014 (0)
BOJ Defends Its Assessment of the Japanese Economy Bank of Japan Governor Haruhiko Kuroda defended the bank’s positive assessment of the economy on Friday. Data release out of Japan have been weak and prompted an assurance from the BOJ ...

Futures drop after Wall Street sell-off

August 1st, 2014 (0)
U.S. stock futures traded lower on Friday following a big sell-off on Wall Street. Most Asian stock markets declined but losses were limited by upbeat reports on China’s economy. Dow futures fell 0.34%, S&P 500 futures were down 0.37% ...

S&P 500 index reports worst downfall since April; indexes down for July

August 1st, 2014 (0)
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...

Canada’s Dollar Touches 7-Week Low on Growth Concern

August 1st, 2014 (0)
Canada’s dollar touched the weakest level in almost two months as data showing the economy expanded in May failed to damp concern growth is lagging behind that of the U.S., its largest trading partner. The currency later erased losses ...

Technical Analysis Gold – Drops to Six Week Low Near $1280

August 1st, 2014 (0)
Technical Analysis Gold for Friday, August 1, 2014 In the last few days gold has been easing lower and placing pressure on the support level at $1300 which eventually gave way resulting in gold falling sharply back down to ...

China’s factories expand as global trade flourish

August 1st, 2014 (0)
Activity in China’s vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. China’s official ...
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