Search Results for: interest rates
Asian shares edge up, dollar steadies after drop
October 7th, 2014
Asian shares rose on Tuesday, while the dollar languished after investors locked in some gains on its recent rally. “European equities are set to edge lower tracking modest declines in the US overnight. The small negative start belies the ...
Australian dollar higher despite RBA comments
October 7th, 2014
The Australian dollar was higher in late trade on Tuesday, helped by some emerging weakness in the greenback. Comments by the Reserve Bank of Australia that the currency remains overvalued when measured against recent falls in key commodity prices ...
Asian markets rebound on positive US jobs data
October 6th, 2014
Asian markets rebounded from a string of declines on Monday after stronger-than-expected US payroll data. US Labor Department figures showed 248,000 jobs were created in September and the unemployment rate dropped to a six-year low of 5.9%. Japan’s Nikkei ...
Stocks Gain With Dollar Before Jobs Data; Hong Kong Rises
October 3rd, 2014
Stocks gained, with a European index recovering from its biggest loss in 15 months, and the U.S. dollar strengthened versus major peers before the world’s largest economy reports payrolls data. Hong Kong shares rallied. As investors assess the strength ...
How to spread the risk of energy investing for income
October 2nd, 2014
As the world continues to recover from the recession of 2008-09, those who depend on their investments for income have faced a challenge. Central banks in all of the major developed nations responded to the financial crisis and the ...
Draghi Devaluing Euro Cheers ECB as Inflation Seen Fading
September 29th, 2014
Mario Draghi’s strategy for reviving the euro area looks like devaluation. While the European Central Bank president says the exchange rate isn’t a policy target, officials aren’t secretive about their approval of the currency’s 9% slide. The depreciation increases ...
New Zealand dollar sinks after central bank sells
September 29th, 2014
The New Zealand dollar sank Monday after the central bank disclosed it conducted its biggest sell-off of the currency in seven years to lower an exchange rate that is squeezing exporters. Data released by the Reserve Bank showed it ...
G-20 Warns of Potential Market Risks
September 22nd, 2014
Group of 20 finance chiefs and central bankers said low interest rates could lead to a potential increase in financial-market risk, as major economies rely on monetary stimulus to bolster uneven growth. “We are mindful of the potential for ...
Why The Bitcoin Price Dropped Today
September 19th, 2014
Normally in the Bitcoin world sudden price fluctuations ranging from $10-$30 can be attributed to market manipulation by large holders of the virtual currency. However, when the price changes greater than $30 in a short period of time there ...
Commodities Suffer at Hands of Fed
September 19th, 2014
Commodities dropped to the lowest level in more than five years after the Federal Reserve raised its outlook for interest rates, bolstering the dollar and reducing the appeal of raw materials as a store of value. The Bloomberg Commodity ...
