Search Results for: interest rates
Asian shares skid as Obama confirms air strikes on Iraq
August 8th, 2014
Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after U.S. President Obama said he had authorized air strikes in ...
U.S. Stocks Drop on Ukraine as Sprint, Time Warner Slump
August 6th, 2014
U.S. stocks fell, after equities slipped to a two-month low yesterday, on concern the Ukraine crisis will escalate and as Sprint Corp. and Time Warner Inc. (TWX) tumbled on merger news. Sprint slid 18 percent after a person with ...
Seychelles Able To Avoid More Tax Measures
August 6th, 2014
The Seychelles Government has announced temporary financial measures, which will lead to higher interest rates and reduced lending, but which, it was said, will not be joined by any changes to taxation. Finance, Trade, and Investment Minister Pierre Laporte ...
Europe Index Futures Tumble With Asian Stocks; Kiwi Drops
August 6th, 2014
European index futures (SPA) dropped with the euro and stocks in Asia amid escalating tensions over Ukraine and concern that stronger U.S. growth will lead to sooner-than-projected interest-rate increases. New Zealand’s dollar and emerging-market currencies weakened. Futures on the ...
Gold steady as dollar, European equities firm
August 5th, 2014
Gold prices steadied on Tuesday as the dollar benefited from soft euro zone economic data which pushed the euro lower, while upbeat corporate earnings reports lifted European equity markets. Spot gold was at $1,288.89 an ounce at 1239 GMT, ...
Technical Analysis AUD/USD – Aussie Stable as Retail Sales Improves
August 4th, 2014
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
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 ...
Pound Has Longest Losing Streak in 16 Months as Data Disappoints
August 4th, 2014
The pound declined for a fourth week against the dollar, the longest losing streak in more than a year, as U.K. economic data from manufacturing output to consumer confidence was weaker than economists predicted. Sterling dropped to the lowest ...
Euro Near Eight-Month Low as Short Bets Surge
August 4th, 2014
The euro was 0.4 percent from its lowest level versus the dollar since November as investors held the largest position in two years betting on a drop in the currency before the region’s central bank meets this week. Europe’s ...
Asian shares pressured by Wall Street, geopolitical tensions
August 4th, 2014
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 ...
